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Green and Social Bonds and Loans

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Borrower has €3bn left to fund this year and has identified one currency in particular for issuance
Labels and length as issuers offer duration to market where 'mis-steps' still possible
Each issuer offered much wider spread than core covered bonds and at least 10bp of premium to ensure successful execution
◆ Favourable backdrop entices smaller issuers ◆ Spar Nord Bank seeks euro senior preferred debut ◆ Sondrio and HCOB ready prints of their own
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