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FIGCovered Bonds

Caffil jumps in front of cheaper EU, sparking supply hopes

Long Jump

Caffil attracted robust demand for its fifth covered bond this year on Monday, thanks to the positive yield on offer at the unusual 15 year maturity. But with a wave of cheap European Union 15 year supply expected to surface before long, other issuers may try to follow Caffil's lead and jump in ahead.

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