Bank Austria follows Swedbank’s slipstream
The constructive covered bond constellation of conditions continued on Thursday as UniCredit Bank Austria took advantage of superlative funding conditions demonstrated in Swedbank’s deal on Wednesday to issue its third deal of the year. Despite pricing almost flat to the curve, the deal attracted one of the highest levels of oversubscription of any Austrian covered bond in two years.
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