Business · Markets · 10 hrs ago

Rabobank buys back its own certificates for €1 billion

Rabobank buys back its own certificates for €1 billion

Rabobank is buying back its own certificates for €1 billion.

The certificates are Rabobank's own financial instruments.

The stated value of the buyback is €1 billion.

The information available does not explain why Rabobank is doing this.

It also gives no details about the terms or timing.

No further steps are specified.

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