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Commerzbank AG is selling Europe’s first covered bonds backed by loans to small- and medium-sized companies instead of the safer real estate or public-sector debt traditionally used in the 250 year-old market.

Photographer: Michele Tantussi/Bloomberg

Commerzbank AG is selling Europe’s first covered bonds backed by loans to small- and medium-sized companies instead of the safer real estate or public-sector debt traditionally used in the 250 year-old market.
February 21, 2013
Article
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