Covered Bonds
-
The largest order came from an account new to the name -
Pent-up demand propels strong bid for CCDJ’s first euro covered of the year
-
No premium was needed due to a late influx of strong demand
-
Last week was the busiest for euro covered since mid-March
-
Deals lined up for this week and next as smaller issuers discover duration possibilities but illiquidity causes pricing poser
-
Investors propel Banco BPM’s and Santander’s combined books to over €5.6bn
-
Dollar paper trades wider than euros, but issuer is happy to pay up to diversify
-
UK long term mortgage lender eyes a private placement for inaugural deal
-
Asset mangers among the buyers as orders swell to £1.85bn
-
Bank borrowers are eager to make the most of strong bid for covered bonds
-
The awards recognise the leading deals, issuers, banks and other market participants
-
Both issuers print with no new issue concessions, but Sparebanken Vest benefited from scarcity appeal and belly of the curve bid
