CIBC replicates euro reopener in sterling market

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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CIBC replicates euro reopener in sterling market

CIBC bank sign in Osoyoos BC.  Logo for the Canadian Imperial Bank of Commerce

Funding conditions in the sterling covered bond market have improved on a relative basis, nearly closing the unfavorable differential to euros

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