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Primary Market Monitor

Public market blooms as ECB shadow shrinks

Blooming flowers with tulips hyacinths and bridge. Image shot 05/2018. Exact date unknown.

The ECB’s withdrawal — both as investor and lender — from the bank bond market has rippled through covered bonds over the last 18 months, according to data from GlobalCapital’s Primary Market Monitor, which tracks syndicated benchmarks across asset classes in major currencies. Frank Jackman reports.

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