All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Covered bonds find unlikely hero as FIG creeps back to normality

Credito Emiliano produced a stellar result in covered bonds this week, trumping the combined efforts last week of better-rated borrowers to show the benefits of rigorous investor relations work. The ability to appeal to investors proved important in capital new issues too as was clear from the chunky premium initially offered by Aviva’s tier two deal on Tuesday, which led a brief revival in FIG supply ahead of a central bank-dominated end to the week.

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