Laurentian Bank gets covered bond approval

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By Bill Thornhill
22 Apr 2021

Laurentian Bank has received approval from Canada Mortgage and Housing Corporation to establish a C$2bn legislative covered bond programme.

“We are pleased that CMHC has approved Laurentian Bank as a registered issuer and has registered our programme under the Canadian Registered Covered Bond Programme,” said Rania Llewellyn, president and chief executive officer of the bank in a statement.

“Laurentian Bank’s covered bond programme is going ...

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