OP’s green debut and NBC enjoy stellar covered execution
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Covered Bonds

OP’s green debut and NBC enjoy stellar covered execution

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OP Mortgage Bank’s green debut €750m 10 year covered bond was priced on Thursday in line with where a Pfandbrief might have been expected to come. At the same time, National Bank of Canada made a rare appearance with a €500m seven year that was priced well inside fair value.

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