Erste defies negative headlines with record Austrian book

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Erste defies negative headlines with record Austrian book

Issue: 1240 - 3 February 2012

Keywords: erste, austria, S&P, pfandbrief,

Erste Group Bank comfortably printed €1bn off the back of the largest ever book for an Austrian covered bond this week. The successful 10 year offering has opened the door for other Austrian names and countered the negative headlines following the sovereign’s recent downgrade. ..

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