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NordLB to ‘redimension’ Lux CBB as lettres de gage fade

Posted on 7 December 2020


NordLB Luxembourg Covered Bond Bank will discontinue its covered bond business from 2022 under the latest steps in a transformation plan of the group, but the entity will not be shut down and Moody’s lettres de gage ratings will be maintained, a NordLB spokesperson told The CBR...

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