Top Section/Ad
Top Section/Ad
Most recent
◆ Shorter deal proves more popular ◆ Both tranches price near the same Bund spread ◆ Small pick up to Länder offered
◆ Tight deal needed no premium ◆ New investors buy the name ◆ Some short-dated covered bonds now trading through Länder
◆ Dutch bank scoops €1.5bn with three year deal ◆ Demand allows for tight pricing ◆ Next to no premium needed
◆ Book holds together despite strong spread revision ◆ No concession needed for popular print ◆ Investors find safe haven in covered bonds
More articles/Ad
More articles/Ad
More articles
-
Illiquid secondaries for older deals led the syndicate to look at recent Dutch supply instead -
Demand for domestic covered bonds drives strong outcomes for issuers
-
Reopening landed just 0.5bp back of secondary levels
-
More than €10.5bn of orders placed for quartet of covered deals on Thursday
-
Investors hungry for exposure to long end of curve are finally fed
-
Infrequent issuer's less liquid curve makes judging fair value tricky
