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FIGCovered Bonds

BPM makes it the busiest ever week

Banca Popolare di Milano will price a Eu1bn seven year issue of obbligazioni bancarie garantite, launched this (Thursday) morning, at the tight end of guidance. The deal takes the number of new benchmarks launched this week to eight, a record for the covered bond market. Meanwhile Intesa Sanpaolo has retained a new issue off its public sector programme.

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