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Covered ‘not immune’ from bail-in

Thursday, June 7, 2012

The senior claims of holders of covered bonds will not be immune from the new bank bail-in proposals, bankers told The Cover after the European Commission released its bank resolution proposals this week.

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Covered bonds €500m+


Lead manager Amount
€(bn)
No of Issues Share %
1 UniCredit 3.46 22 8.4
2 Credit Agricole CIB 3.39 20 8.2
3 Barclays 3.35 18 8.1
4 BNP Paribas 2.75 13 6.6

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