Santander sends strong sterling signal in covereds
Santander UK quickly built a well oversubscribed order book for its €1bn sterling covered bond on Thursday. The deal was set to be priced with a minimal concession at a favourable level versus where it might have been issued in euros, boding well for Royal Bank of Scotland’s forthcoming transaction.
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