UK covereds tender offers grow alongside Brexit risks

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Covered Bonds

UK covereds tender offers grow alongside Brexit risks

David Freitas
September 18, 2020 12:30 pm
Nationwide_Adobe_575x375
BIRMINGHAM, UK - APRIL 19, 2013: Person walks by Nationwide Building Society branch in Birmingham, UK. Nationwide Building Society Group has 193.3 billion GBP in assets (2013). | Marek SLUSARCZYK/Tupungato - stock.adobe.com

Nationwide Building Society is buying back £2bn of covered bonds in euros and sterling. UK covered bond issuers are buying back securities as risks increase ahead of the end of the Brexit transition period.

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Topics

Lloyds BankCommerzbankUKEuropeEMEAFIGCovered Bonds
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David Freitas
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