All material subject to strictly enforced copyright laws. © 2021 Euromoney Institutional Investor PLC group
FIGCovered Bonds

TLTRO III deters covered bond issuance even beyond its three year maturity

RoughRoad_Adobe_575x375

Issuers are struggling to obtain the necessary internal approvals to issue covered bonds, given how expensive the instruments are compared to the European Central Bank's Targeted Longer Term Refinancing Operations (TLTRO III).

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree