Covered Bonds
-
◆ Minimal impact from escalating Middle East conflict ◆ Investors eager to buy long end BPCE ◆ Danske lands flat to Pfandbrief
-
◆ OTP prints first euro covered in a decade ◆ Equitable Bank fails to tighten from IPTs ◆ Rival bankers debate Equitable struggle
-
◆ NordLB achieves price with capped size ◆ Commerzbank squeezes €750m from slim book ◆ Low single digit premiums paid
-
◆ Scotia and Bank of Queensland tap the short end ◆ Single digit premium for Scotia ◆ BoQ offers spread to Aussie major peers
-
◆ French issuer closes in on 2025 funding target ◆ Single digit pick-up offered over tight core European names ◆ Little to no premium needed for a sizeable trade
-
No one can work round the clock. But what happens when the proverbial hits the fan?
-
French covered bonds, southern European senior and tier two paper among the deals expected
-
Dance between secured and unsecured FIG bonds puzzles bankers
-
◆ Bank's first dollar benchmark bond for 10 years ◆ Most of paper sold outside Dach ◆ Diversification achieved at a cost to euros
-
◆ Bank regains access to euro covered bonds after selling previous issuers ◆ Deal prices in line with Australian and Canadian paper... ◆... allaying concerns about LCR eligibility
-
◆ Issuer's longest ever public bond ◆ Priced tighter than debut eight year Pfandbrief ◆ Still offers premium to established compatriots
-
◆ La Banque Postale sells first euro benchmark of 2025 ◆ Mediobanca and DNB return ◆ Market 'to play catch-up' after scant supply in first five months