Sbanken, mBank prove popular for euro covered debuts

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Covered Bonds

Sbanken, mBank prove popular for euro covered debuts

Tyler Davies
April 19, 2018 01:15 PM
mBank_PA_230x150_190418
BYDGOSZCZ, 20 March 2016 - Polish lender mBank, part of German Commerzbank said it will not pay out dividends from 2015. Not paying out last year’s dividends should strengthen the bank’s position, as recommended by financial authority KNF. Polish banks are said to cut jobs and costs this year foreseeing an increase in taxes as announced by the new, conservative government. (Photo by Jaap Arriens/NurPhoto) *** Please Use Credit from Credit Field *** | NurPhoto/SIPA USA/PA Images

Investors were queuing up to place orders for new deals from Norway’s Sbanken Boligkreditt and Poland’s mBank Hipoteczny on Thursday, as the pair looked to enter the euro covered bond market for the first time.

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CommerzbankEuropeEMEAFIGCovered Bonds
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Tyler Davies
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