CDP’s Plafond Casa ready to purchase €3bn OBGs
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CDP’s Plafond Casa ready to purchase €3bn OBGs

Bill Thornhill
November 29, 2013 12:00 AM

State owned Italian bank, Cassa Depositi e Prestiti (CDP), will start buying securities backed by mortgages, including covered bonds, through its new €5bn Plafond Casa programme, from December 10. This should help liquidity for banks struggling to access the capital markets, as well as subsidise financing to individuals.

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Bill Thornhill
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