Scotiabank follows Barclays in sterling covered
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Covered Bonds

Scotiabank follows Barclays in sterling covered

Scotiabank has tapped its three year sterling FRN for £300m, a day after Barclays issued a £1bn deal in the same maturity. A euro deal could be announced shortly, but bankers warn that the size of the new issue premium needed in euros will present a quandary.

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