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Perenna applies to become first pure UK covered bond bank

PA-UK houses
By Bill Thornhill
30 Oct 2020

Perenna has applied to become the first UK covered bond bank and plans to issue 30 year fixed rate mortgages next year, using the Danish covered bond system that limits mismatches between the terms of the mortgages and the bonds that fund them.

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By Bill Thornhill
30 Oct 2020