Lloyds tracks RBC into soaring Sonia mart
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Covered Bonds

Lloyds tracks RBC into soaring Sonia mart

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Lloyds Bank returned to the sterling covered bond market on Monday with its first deal of 2020. It capitalised on the scarcity of short-dated Sonia supply with the first three year bond from a UK issuer in six months, which helped it to price its deal marginally inside fair value.

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