The covered bond good times won't last
Covered bonds have had a great start to 2016, in terms of supply, spread performance and participation from real money investors, but this trend is unlikely to hold. Central bank action, once again, will corrode the market in terms of both supply and demand.
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