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Caffil 20s, Erste sixes convince in changeable mart

Posted on 19 June 2018

Caffil and Erste were able to take EUR1bn of orders apiece for new covered bond issues today in spite of an overnight weakening of market conditions, with the French issuer’s 20 year OF supported by dovish ECB rates guidance. The changeability offered a taste of things to come, said bankers...

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