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H2 forecasts lifted as blowout H1 confounds expectations

Posted on 9 July 2018

Forecasts for 2018 euro covered bond supply have been raised after the first half exceeded all expectations, with some analysts expecting EUR35bn-EUR40bn of issuance in the second half. The impact of latecomers and TLTROs is uncertain, while restrained widening is foreseen...

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