BNS issues largest Sonia covered bond as TSB mandates
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BNS issues largest Sonia covered bond as TSB mandates

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Bank of Nova Scotia (BNS) priced its first Sonia-linked Canadian covered bond, the largest ever issued against Sonia and the first from a Canadian bank in well over a year on Monday. A t the same time TSB mandated leads for another Sonia linked covered bond.

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