DNB hits Skr sweet spot amid Nordic supply hopes

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DNB hits Skr sweet spot amid Nordic supply hopes

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A Swedish flag is pictured in Kristianopel (Karlskrona region) in southern Sweden on August, 08, 2016. Photo. Wolfram Steinberg/dpa | usage worldwide Photo by: Wolfram Steinberg/dpa/picture-alliance/dpa/AP Images | Wolfram Steinberg/dpa/Wolfram Steinberg/dpa/picture-alliance/dpa/AP Images

DNB issued a Swedish krona covered bond on Thursday in a size large enough to qualify for the best treatment under the liquidity coverage ratio (LCR) and at a more competitive funding level than was available elsewhere. The deal was issued amid renewed hope that Nordic issuers will stay active in euro covered bonds this year.

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