October 25, 2018 / 11:40 AM / in 22 days

Banca Carige issues 600 mln euro retained covered bond due 2021

MILAN, Oct 25 (Reuters) - Italy’s Banca Carige has issued a 600 million euro floating rate covered bond due Oct. 25, 2021, according to a regulatory filing published on Thursday.

UBS was the sole dealer of the issue.

The bond will be retained by the Italian lender for refinancing operations with European Central Bank, a financial source told Reuters.

Reporting by Giulio Piovaccari; editing by Francesca Landini

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