Sub-benchmark covered supply down as issuers ‘graduate’ to larger sizes

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Sub-benchmark covered supply down as issuers ‘graduate’ to larger sizes

Frank Jackman
August 08, 2024 05:53 PM
Ed Sheeran addresses fellow graduates at a graduation ceremony at University Campus Suffolk in Ipswich, where he will receive an honorary degree for his "outstanding contribution to music". The 24-year-old singer-songwriter is to be awarded an honorary do

◆ Smaller cover pools suppress funding needs ◆ Issuers consider benchmarks instead ◆ German and Austrian lenders provide bulk of supply

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