Covered Bonds

Wide spreads have insulated eurozone periphery borrowers from rates volatility — for now

◆ ECB rate cut seen as all but certain next week but rates outlook to drive sentiment in primary market ◆ Investors may turn more selective ◆ Profit taking tipped after spread tightening

◆ New Singaporean names come close to established peers ◆ Deal follows several months of marketing

◆ Deal swells from initial size ◆ No premium needed to seal larger print

◆ Danske saves with three year floater ◆ No NIP needed for Danske’s seven year tranche ◆ DNB’s €1bn print only just covered

◆ French issuer picks size over price ◆ ‘Three handle’ important to secure investor interest ◆ Danske readies fixed and floating rate notes

◆ 12bp move from IPTs ‘remarkable’ ◆ €1bn print lands flat to inside fair value ◆ Iccrea to follow with 10 year OBG

Head of funding talks to GlobalCapital after breaking a decade long absence from capital issuance ◆ Issuer looks at covered and senior deals next ◆ New tier two deal has been among strongest recent FIG performers

Asset managers expected to feature 'a bit higher' in allocations

Deal is the first of its kind in Swiss francs and the latest milestone under the Swiss digital pilot project

Debutants urged to have a ball in red hot covered bond market

Several French issuers have launched 12 year covered bonds this year