BPCE takes size and duration with long 10 year
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Covered Bonds

BPCE takes size and duration with long 10 year

BPCE 230x115

The covered bond market has not looked this strong all year, and with the European Central Bank (ECB) widely expected to announce a tapering of asset purchases this month, borrowers are highly motivated to issue in size and duration — a message that BPCE understood loud and clear when it issued a long 10 year on Wednesday.

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