Issuance hopes pinned to this week
A couple of issuers could be ready to launch covered bonds and the hope is they will do so before next week when Scandinavia is on holiday and many issuers head into blackout, said bankers on Tuesday. The focal point of primary chatter on Tuesday continued to be on Goldman Sachs’ new FIGSCO structure. In the secondary market peripheral covered bonds tightened, following in the wake of sovereign markets.
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