Covered Bonds
-
Issuers use quiet days to market, aiming to launch later in week -
More covered paper expected in Swissies as euro issuance goes quiet
-
◆ Central banks and governments want to take banks’ money ◆Where has the greenium gone? ◆ Direct lending goes investment grade
-
Banks could be snared by higher reserve requirements, deposit flight and active quantitative tightening
-
◆ Euro FIG supply not expected to restart until Wednesday ◆ Investors are in the driver's seat ◆ Rates uncertainty dampens outlook
-
Better to lock in funding now than wait, as spreads set to move higher
-
Covered bonds, SSAs widen on concerns about rates and Italy's budget deficit
-
Funding was cheaper than euros, if smaller
-
Smaller issuers are struggling to attract investors' attention
-
KfW's long seven year in SSA market could indicate whether covered deals too could extend beyond five years
-
Investors spying peak rates are packing the new issue market, tempting issuers to accelerate
-
Belgian lender pays up to land €2bn book for three year Pandbrieven deal
