Nationwide ‘extracts maximum value’ with tightest five year Sonia covered to date

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

Nationwide ‘extracts maximum value’ with tightest five year Sonia covered to date

Nationwide_PA_230x150
File photo dated 04/09/14 of a Nationwide branch. Nationwide Building Society is refunding £6 million to current account customers after breaking rules relating to text alerts designed to help people avoid unexpected overdraft charges. | Jonathan Brady/PA Wire/PA Images

Nationwide Building Society issued the first sterling covered bond of the year on Friday, without needing to pay any premium over the tight trading levels of its existing bonds.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article