VUB hits sweet spot with 0.5% 10 year covered bond coupon
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Covered Bonds

VUB hits sweet spot with 0.5% 10 year covered bond coupon

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Všeobecná úverová banka (VUB) has issued the first ever 10 year covered bond from Slovakia, thanks in large part to the high spread that ensured a 0.5% coupon — a return that investors demand — but one that is now out of reach for most European names in this tenor.

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