ECONOMY

Alpha’s Romania subsidiary completes covered bond issue

Alpha’s Romania subsidiary completes covered bond issue

Alpha Bank’s subsidiary in Romania announced on Tuesday that it has successfully completed its inaugural 200-million-euro covered bond issue, as part of its recently established 1-billion-euro direct issuance Global Covered Bond Program.

The news contributed in Alpha's stock climbing 4.55 percent on Tuesday at the Greek stock market.

[Reuters]

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