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Nationwide ups size, tightens 10bp as 15s attract Eu3bn

Posted on 22 June 2017


A Eu1bn 15 year covered bond for Nationwide today was considered an exceptional result for the issuer – in terms of a slim premium despite political noise and just months after it held off a mooted 15 year – but not such a good experience for investors, after the spread was tightened 10bp...

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