Covered Bonds

Swiss borrower took size after it adjusted its spread to account for the latest coronavirus variant this week

The spread of the Omicron variant has sparked a bid for safe haven assets

Swedish krona issuance to be muted as year end approaches

French lender could afford to shed a quarter of orders as demand for the €500m deal topped €2bn

Liquidity in the rates market is becoming more difficult to source leaving it vulnerable to more pronounced volatility, said traders on Tuesday

Despite strong subscription ratios and low concessions, further covered bond supply this year is not guaranteed

Aussie borrower sold its first Swiss franc covered bond in over a decade this week

Demand for five year paper popped this week, thanks to the attractive pick up to Bunds on offer

Maturing ECB holdings set to top €40bn for the first time next year

Nordic borrower offered a small premium for its €500m five year note this week

Relative value and central bank bond buying may be supporting supranational and covered bond spreads, but traders have questioned the ambiguous inflation and rates outlook, while agency bonds appear to be on shakier ground

Dutch lender scooped €500m flat to fair value on Tuesday, with Danske Bank set to follow on Wednesday