Covered bond supply strongest since 2012, says Barclays
Global covered bond issuance in the first quarter of 2015 was the best in three years, and annual issuance is on course to reach the €150bn high end forecast made by Barclays’ analysts in December. The improvement, which was enabled by the European Central Bank’s purchase programme, was driven by non-core supply, which stood at its highest since 2009.
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