mBank Hipoteczny plans further covered bond issues

mBank Hipoteczny, the mortgage unit of lender mBank, will issue covered bonds worth PLN 1 billion in 2015 after a similar total level of issues this year, the group's CEO Cezary Stypułkowski was quoted as saying by ISBnews. “The first issues in August showed that there is high demand, this year's goal will fulfilled,” Stypułkowski said. He added that the bank is counting on higher demand for the covered bonds from the part of foreign investors.