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

SG sets new spread record

Société Générale SFH issued a €500m five year Obligations de Financement de l’Habitat on Wednesday, at the tightest ever spread for a non-German issuer. The transaction was comfortably oversubscribed, and with investors increasingly alert to the risk of thin covered bond supply, the issuer paid virtually no new issue premium.

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