Covered Bonds
-
New issue premiums have remained around 2bp despite five deals in the past two weeks compared with 12 in the previous two weeks
-
Cost of carry will deter French issuers from pre-funding too much to avoid election volatility
-
Foreign issuers tap market for price and diversification
-
◆ Second public sterling covered bond secured against BTL mortgages ◆ Spread gap compressed versus prime covered bond peers ◆ Small premium paid
-
British bank picks four leads to run its second public sterling BTL mortgage covered bond
-
◆ Canadian issuer tightened spread by 2bp ◆ Bank's seventh tranche of covereds of 2026 ◆ BMO has placed dollar euro and sterling covereds since January
-
Analysts have said the mortgage market and spreads do not support the widespread issuance of longer dated covered bonds
-
After the busiest June since 2010, banks are well progressed in the covered funding programmes
-
Cast your vote now to decide this year's covered bond award winners and express your views in our new market survey
-
Primary Market Monitor data shows sharp uptick in volumes across sectors
-
◆ First covered bond of 12 years or longer since the bank issued in January ◆ Banker ‘positively surprised’ with size ◆ Premium paid
-
Deal looks to satisfy demand for highly-rated long-dated covered bonds