ING Belgium gets solid result in ‘ugly’ market
Investors, including the ECB, flocked to ING Belgium’s €1bn six year covered bond on Thursday illustrating that, for the right name and spread, demand can be counted upon. Rival bankers heaped plaudits on the deal given the state of the market, which they described as ‘ugly’.
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