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

Nationwide spurns senior unsecured

Just a week after issuing into the sterling covered bond market, the UK’s Nationwide Building Society returned – this time issuing in euros – but again in the long end of the covered bond curve. The borrower’s decision to return to covered bonds was in part informed by the continued poor state of the long end of the senior unsecured market.

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