Covered Bonds
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A stable spread outlook bodes well for buyers and sellers
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EU bonds pushed wider as five and 10 year syndication expected next
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Swiss bank said to want to add further senior traders in coming months
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German lender’s spreads expected to tighten thanks to its strong underlying credit quality
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Issuer’s choice to go short and play yield curve made deals a great success, even without the European Central Bank’s order
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Concessions creeping down as new issue spreads widen
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Issuers will need to offer more generous concessions as they return from blackout, despite a stellar start to the year in the primary market as investors recalibrate strategies in search of spread direction
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Central banks will turn dovish, but timing when is a mug's game
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Tap sold to a single investor one day after the original syndication attracted almost 90 interested accounts
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Issuance to slow as borrowers face higher premiums on longer tenors
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Euro paper was slow to build, but Swiss francs note flies off the shelf
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Orders came in when the spread was set in line with initial guidance