Demand for UK and yield doubles Lloyds bond to Eu2bn
Lloyds TSB Bank on Wednesday priced the largest UK covered bond since the onset of the financial crisis, taking advantage of demand for UK names as well as investors’ search for yield, which the Netherlands’ SNS Bank had targeted with a 10 year deal on Tuesday.
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