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Nationwide brings trailblazing 20 year covered

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By Bill Thornhill
29 Apr 2021

Nationwide Building Society issued the first UK covered bond of the year, the first to test appetite since Brexit was concluded and the first UK deal with a 20 year tenor in euros. As such it offered a particularly rare opportunity to get some spread and yield pick-up.

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By Bill Thornhill
29 Apr 2021