Covereds ‘on fire’ as investors lap up peripheral deals
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Covered Bonds

Covereds ‘on fire’ as investors lap up peripheral deals

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Crédit Agricole Italia took 50% more covered bond funding than it had expected on Friday after being swamped with demand for a new eight year deal, while Banco BPI reopened the Portuguese covered bond market with a €500m transaction that received seven times as much interest from investors.

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