Is Monday too soon for a covered comeback?

The covered bond market, including possibly a new Spanish name in the pipeline, will be looking to get back on track next week after BN Boligkreditt pulled its inaugural deal at the start of this week. However, there is some doubt as to with which name, and how early, the market could be reopened, given that it is now clear that there is a lack of clarity on market direction on Mondays.