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incorporated in England and Wales (company number 15236213),

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Covered Bond Analysis

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The potential for further Trump-induced volatility leaves issuers saving covered bonds for even rainier days
Favourable factors support long dated issuance in both senior and covered bonds despite the divergent fates of issuers in the two markets
Africa’s first covered bonds could appear in the coming months
Pipeline still bottled up but deals could flow once first issuers shake themselves out
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