Crédit Ag feeds starving euro market
A starved euro covered bond investor base was treated to two juicy deals on Thursday morning, one from Crédit Agricole and one from HSH Nordbank. Such is the hunger for euro covered paper — and the paucity of supply — that despite books for both transactions being open for less than an hour, a combined 250 accounts placed orders of €5.5bn.
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