Market softer as smaller and new names pop up
The European covered bond market was relatively quiet on Wednesday with one deal emerging from newcomer Natixis Pfandbriefbank. Meanwhile, Moody’s rated the covered bonds of another newcomer, Norway’s SR-Boligkreditt. But neither issuer is likely to offer benchmark sized euro issuance, the outlook for which remains contingent on the rates market.
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