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

Issuers warned: “Don’t jump the gun”

JP Morgan’s revised bid for Bear Stearns buoyed equity markets this morning, lifting spirits around the financial markets, but syndicate officials said that it would be premature to launch a new covered bond issue. One even suggested that the recent secondary market paralysis could put a cap on any recovery in spreads.

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