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Report: OP Financial Group's mortgage bank issues €1.25B bond

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Report: OP Financial Group's mortgage bank issues €1.25B bond

OP Mortgage Bank on May 3 placed a €1.25 billion bond,Cbonds reported May 4.

The notes carry a coupon of 0.25% and will mature May 11,2023.

Barclays, JP Morgan, OP Mortgage Bank and Société Généraleacted as managers for the issuance, the report added.

OP Mortgage Bank is the mortgage bank of .