VUB to defy market volatility with higher yielding covered bond

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Covered Bonds

VUB to defy market volatility with higher yielding covered bond

Bill Thornhill
June 15, 2020 01:15 PM
Volatile exit
Volatility in the stock market symbol represented by a green highway road sign showing the hazards of a volatile trading session at the dow jones or wall street in which equities go up and down like a roller coaster ride. | freshidea - Fotolia

Slovakia's Vseobecna uverova banka (VUB) will offer covered bond investors a rare chance to buy bonds with a considerable pick-up to core European deals, having mandated leads for a €500m five year deal rated Aa2 that is expected to be launched on Tuesday, subject to market conditions which have recently deteriorated.

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Topics

Central and Eastern Europe (CEE)Health and BiotechCEE BondsEuropeEmerging MarketsEMEASRIFIGCEECovered Bonds
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Bill Thornhill
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