Covered premiums stabilise as supply dries up

Frank Jackman

November 12, 2024 04:42 PM

Stone bridge over a dried up riverbed. Drought in Seven Bridges Valley, North Yorkshire, England, UK

Parched market anticipates concessions to climb should supply return

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

Frank Jackman

Covered Bond Editor

Regulatory Capital

Commerz expands its ESG repertoire with inaugural green tier two

◆ German bank prints popular tier two under new green funding framework ◆ Label a positive ingredient, says rival banker ◆ Funding completed at no concession

Atanas Dinov, November 13, 2024
Corporate Bonds

Price-sensitive investors sharply pare back orders on IG corporate trades

Billions fall out of Stellantis's book after tightening by 40bp during bookbuilding

Mike Turner, November 13, 2024
Senior Debt

Clash in senior FIG shows limits in 'resilient' but crowded market

◆ Appetite for credit attracts trio to senior market despite weaker backdrop ◆ But face-to-face execution between two similar deals underlines limits for non-major global bank issuers◆ UniCredit diversifies funding with rare floater

Atanas Dinov, November 13, 2024
Sub-sovereigns

Bremen explores Länder bond pricing after detrimental moves

◆ ‘Pragmatic’ issuer prices at new found level ◆ KfW bonds used as building block for pricing ◆ Deal should give ‘encouragement’ to others

Addison Gong, November 13, 2024
Covered Bond Deal Reviews

Aareal prices rare fixed rate covered sterling deal

◆ German lender raises £325m with rare fixed rate note ◆ Calculating fair value 'hard' ◆ Leads looked at euro covered and sterling senior unsecured comps

Frank Jackman, November 13, 2024
Syndicated Loans

REWE Group agrees new €2.5bn loan

The loan will refinance the German co-operative's 2018 revolver

Jennifer Law, November 13, 2024