European banks flock to covered bonds

Europe
On the 05.24.19 at 8:38PM

by

Bastien Bouchaud

Euro zone covered bond issuance rose 40% in the first quarter.

Already the reigning world champions of covered bond issuance, European banks set a new record in volumes in the first quarter, issuing a total of €55.775bn in the euro zone, a leap of about 40% over the same period of last year.

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