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Recent headlines:

Stadshypotek returns to form with $1.25bn five year deal

New names, new pools as issuers take steps toward Pfandbriefe

Moody’s cuts BPM OBGs to Baa2 after issuer junked

Nielsen to step down as chair of ICMA CBIC

Moody’s junks Italy’s BPM, OBGs face multi-notch cut

ING goes long to bring back Dutch as 10s pull Eu2.5bn

Credem to hit the road, focus on OBGs

Aareal taps inside Libor, but read-across played down

Banco Popular boosts liquidity with Eu400m tap, eyes H2 return

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The Covered Bond Report Awards for Excellence

BPE, pbb taps only in modest start but mart ‘wide open’

Landsbankinn gets covered bond licence, to debut soon

Nykredit uses new senior secured OC option, DLR plans §15 return

MPS OBGs junked after issuer downgrade

Moody’s downs three multi-cédulas issues, ups one

Fana achieves goal after covered assigned first rating

Co-op covered widen as rating slashed to Baa1

Markit expands country indices, disbands iBoxx “Other Covered”

Morocco set for domestic covered first, more clarity needed, says S&P

Holidays hit supply but Caja Rural de Navarra on road

Pfandbrief Act update set to mandate LTV disclosure

Pbb back in sterling, offers pick-up for short FRN

CRU aims for regular issuance after Eu500m starter

German insurers call for better Pfandbrief transparency, quality

CRU cédulas hits slim window, Pbb preps in sterling

ANZ finds demand despite tightest spread and timing

Canada framework shuts out small banks, deters innovation, says DBRS

Morocco’s CIH looks forward to using covered as law consult ends

ANZ hits narrow window, gets good result for sevens

New Fitch time subordination approach prompts Totta OH upgrade

Turkey’s Deniz sets up SME programme, IFC set to invest

Bankinter taps improved market after good Q1 results

OC relief from new Fitch time subordination stance

Carige resi OBGs down to Baa1, commercial to Baa2

BRE issuer cut prompts negative covered action

LF Eu500m level and bid a ‘clear vote of confidence’

‘Legend’ Borgström to leave Nordea in August

Bankinter in Eu500m cédulas tap, others on look-out

LF closes gap on peers in competitive euro comeback

Moody’s junks Carige, Baa1-Baa2 covered expected

Fitch lowers Barclays local authority covered after UK cut