Veneto Banca offers bonds to fund securities lending
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Veneto Banca offers bonds to fund securities lending 09 March 2011Milan Reporter: Ben Wilkie
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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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