Quartet fire starting gun on busy quarter
Four issuers are in the euro benchmark covered bond market today, despite a short working week and reduced investor availability due to the Easter holidays, to get the second quarter off to a busy start. Danske Bank and Société Générale SCF have launched eight year issues, Sweden’s Stadshypotek is out with a five year deal and Banco Pastor has reopened two transactions. Meanwhile, Italy’s Intesa Sanpaolo is today starting a roadshow of its public sector covered bond programme. Read EuroWeek this Friday for more on this week’s activity.
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