UK banks bide their time for euro senior comeback

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UK banks bide their time for euro senior comeback

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An anti-Brexit demonstrator is seen wearing an EU flag cap and a t-shirt with "Cancel Brexit" protesting outside the Houses of Parliament. Ongoing protest about UK leaving the EU. (Photo by Dinendra Haria / SOPA Images/Sipa USA) | SOPA Images/SIPA USA/PA Images

Euro investors have become more receptive to UK bank debt this year, leading to a blowout reception for a covered bond from Yorkshire Building Society this week. But issuers are yet to break a long period of silence in sales of unsecured products, mindful as they are of a Brexit hangover in the euro market.

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