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ASB's covered deal demonstrates commitment, says Bhindi


By Bill Thornhill
14 May 2021
Tuesday s €750m 10 year covered bond from ASB Finance demonstrated commitment to the market according to the bank s Treasurer, Chandu Bhindi, who spoke to GlobalCapital about the deal on Thursday.
What was behind the timing of this week’s deal?
Chandu Bhindi, ASB Bank: The focus for us was about re-engaging with covered bond investors. The timing took into consideration our covered bond maturity in mid-April 2021 but it was also notable that our last transaction in this market
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