Senior FRNs to outshine short dated covereds
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Senior FRNs to outshine short dated covereds

EURO NOTES WASHING LINE Crisp new 100 Euro notes fluttering flying high in the breeze pegged in a line against a sunny blue sky Horizontal Landscape

◆ Senior FRNs in euros appear more cost-efficient for issuers than covered bonds ◆ Savings vary by issuer ◆ Asset mangers prefer to buy from higher-rated FRN issuers

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