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Alpha Bank Romania launches EUR 1 bln mortgage bonds

Greek-owned Alpha Bank Romania is the first local bank to issue a mortgage bond with a target volume of EUR 1 billion. The lender intends to raise EUR 200 million under the first tranche of the issue, to be launched soon. The bank plans to list the bonds on both the Luxembourg Stock Exchange and the Bucharest Stock Exchange. "We are pleased to announce the launch of the first mortgage bond program in Romania after we launched ...

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