Locals help BPM through as window slams shut

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Locals help BPM through as window slams shut

Banca Popolare di Milano (BPM) yesterday (Monday) priced the first Eu1bn covered bond since Caja de Ahorros del Mediterráneo’s two year in mid-June. However, market participants said that today’s plummeting equity markets had sunk any hopes of a meaningful recovery.

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