French issuance unabated across the curve
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French issuance unabated across the curve

French covered bond supply is continuing to perform in line with analysts’ predictions that France will be the dominant jurisdiction by issuance this year. Dexia Municipal Agency and Banques Populaires sold 10 and seven year deals respectively, while Crédit Agricole priced its second covered bond of 2011 on the back of one of the largest orderbooks in recent weeks.

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