NIBC lands eight year amid CPT crackdown

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Covered Bonds

NIBC lands eight year amid CPT crackdown

Tyler Davies
March 12, 2019 01:00 PM
Banknotes_UV_light_PA_230x150_120319
17 September 2018, Hessen, Frankfurt/Main: UV light falls on revised 100 and 200 euro banknotes during the presentation at the headquarters of the European Central Bank (ECB). They complete the second generation of euro banknotes. The new notes are to be issued from 28 May 2019. They should also be harder to counterfeit than before. Photo: Arne Dedert/dpa | Arne Dedert/DPA/PA Images

NIBC Bank paid a handful of basis points of new issue premium to launch a new conditional pass through covered bond on Tuesday, despite having taken a tougher route to the market by targeting a maturity at the longer end of the curve.

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Tyler Davies
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