After two year gap, Nationwide scoops £1bn 5yr covered
![Nationwide Building Society](https://assets.euromoneydigital.com/dims4/default/7bc28c1/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F5d%2F01%2F7297f67594594e9d555a2e5e4973%2Fnationwide-building-society-storefront-2007.jpg)
Nationwide Building Society issued its first sterling covered bond for two years on Thursday and showed that demand for the product was still strong as it picked up £1bn of five year funding.
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