Covered Bonds
-
European banks set to pay up as they look to issue ahead of an uncertain second half
-
The Berlin social housing covered bond was subscribed in 15 minutes
-
Senior FIG an 'investor's market' as issuers face double digit premiums
-
Several factors have aligned, lifting covered bond demand
-
Prospect of earlier than expected ECB rate rise and escalating tensions in Ukraine keep traders on edge
-
The deal was priced flat to its larger Canadian peers
-
Société Générale pushes out the curve as yields move lower
-
Order book swells after final terms set as with earlier Austrian deals
-
Pair pay smallest new issue premiums in recent history but conditions expected to worsen
-
EU to tap long and short tenors after French election
-
Banks encouraged to snatch the central bank bid while it is still there
-
Demand is especially strong in the short end but has been good out to 10 years