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ECB cuts CBPP3 bid to 10%, ‘unlucky’ DKB first hit

Posted on 25 September 2018


The ECB has cut the size of its primary market CBPP3 orders from 30% to 10%, with an inaugural EUR500m social issue for Deutsche Kreditbank today the first victim, as bankers blamed disappointing demand on the Eurosystem reduction, even if ESG buyers compensated...

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