Volksbank covered gets grip in shaky mart

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Volksbank covered gets grip in shaky mart

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Amsterdam, the Netherlands-April 27: Amsterdam cityscape with apartment houses and bikes parked on the bridge on April 27,2015. Amsterdam is the most populous city of the Kingdom of the Netherlands. | lornet - Fotolia

De Volksbank enjoyed a strong reception for its 10 year benchmark covered bond and, in contrast to unsecured French and UK deals being sold simultaneously, the smooth execution showed the asset class is a “rainy day” product.

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