New world vintages bring fresh flavour to euro palates

Covered bond issuers from Canada, Sweden and Australia gathered together in March as participants in The Cover’s roundtable to discuss their markets. Borrowers still have plenty of issuance capacity but their plans for supply are likely to remain steady. Australian, Canadian and Swedish covered bond issuers all benefit from solid senior ratings, stable real estate markets and they all present a great diversification tool. And, with a very limited amount of bonds outstanding in euros, investors have plenty of credit line availability.