Covered bonds tighten amid poor liquidity
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Covered Bonds

Covered bonds tighten amid poor liquidity

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The covered bond market continued to perform well on Wednesday with the ultra-long end of the Dutch curve posting the strongest performance, albeit on no trading flow. French and Canadian deals are also performing well, even as bids were hit in good size. But one major investor said he was aghast at the poor overall liquidity and blamed central bank policy.

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