First A&L covered bond finds sterling home
Alliance & Leicester signed its widely expected Eu10bn global covered bond programme backed by UK residential mortgages yesterday, and appears to have already issued a £500m one year FRN from the facility.
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