BPCE finds good covered demand amid gloomier outlook
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Covered Bonds

BPCE finds good covered demand amid gloomier outlook

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BPCE found good demand for a two-part covered bond on Monday with the bonds pricing almost flat to its curve. Even so, the near term outlook has become less certain as German lockdowns are expected to be tightened amid renewed concern over the impact on commercial mortgages secured in some Pfandbrief.

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