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FIGCovered Bonds

NBC mandates, more Scandis on the way

National Bank of Canada could well become the third Canadian borrower to issue a euro deal after mandating joint leads for a roadshow on Monday. It was approved to issue legally compliant Canadian covered bonds at the end of last week. At least two other core European banks could be tempted to launch deals this week, said bankers, but peripheral supply hopes are on the back burner.

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