Trio shows growing stature of UK covered bonds

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Trio shows growing stature of UK covered bonds

UK covered bonds have always enjoyed investor interest because of the pick-up they offer versus core European paper. But there were signs this week that the eurozone crisis has elevated their standing further as Barclays and RBS printed the two largest deals since the covered bond market re-opened. Abbey National followed them on Thursday to make it three UK deals in as many days.

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