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FIGCovered Bonds

BPCE books hit €700m

Books for BPCE’s 10-year reopening are “substantially in excess” of the minimum €200m that was envisaged just half an hour ago, according to a banker working on the deal. The fact that the books have only been open for such a short time suggests that there is a strong groundswell of demand that other covered bond issuers will want to take advantage of.

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