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Veneto Banca offers bonds to fund securities lending


09 March 2011 Milan
Reporter: Ben Wilkie

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Image: Shutterstock
Italian firm Veneto Banca has entered into talks with investors regarding the issue of Italian mortgage-backed bonds to finance securities lending transactions.

The company has begun a series of European roadshows to promote the issue, with J.P. Morgan Chase and Natixis acting as joint lead managers.

Veneto Banca plans on purchasing the retained triple A bonds for the purpose of entering into securities lending transactions.
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