Granular RBS gets cheap funding versus senior unsecured
Royal Bank of Scotland priced its second euro-denominated covered bond of the year on Tuesday, a transaction notable for its granular book and the tight pricing relative to where the borrower could fund itself in the senior unsecured market.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts