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Garanti still on track for mortgage covered bonds

By Steven Gilmore
08 Jul 2013

Garanti Bank is still looking at the possibility of issuing mortgage backed covered bonds, although the market backdrop has soured since it started. The bank’s board has approved issuance of up to €1bn and a recent rise in spreads could help bring in new accounts, an official told EuroWeek Emerging Markets.

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By Steven Gilmore
08 Jul 2013