Euro covered bonds stick to ‘trodden path’ between three and 10 years

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Euro covered bonds stick to ‘trodden path’ between three and 10 years

A trodden path across a field of stubble on a sunny day at the end of summer in the UK

◆ Average benchmark tenor up from 2023 ◆ Seven years proves popular ◆ Longer dated deals look unlikely

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