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‘Disciplined’ CIBC confident in covered reopening ability

Posted on 28 March 2023

A euro covered bond was the obvious candidate for Canadian Imperial Bank of Commerce to resume term funding post-SVB and Credit Suisse, CIBC’s Wojtek Niebrzydowski told The CBR, after the Canadian bank restarted euro FIG issuance yesterday (Monday) with a €1.5bn four year deal...

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