KBC’s Christmas present; more expected
In hindsight, KBC’s first covered bond could have been priced inside its final spread of 30bp over mid-swaps. But the deal was still a great outcome for KBC, taking advantage of a buoyant market — that has probably not seen its last deal this year.
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