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

Hopes of covered bond supply rise as anaemic lending puts TLTRO cash out of reach

Price_value_Alamy_230x150

Feeble bank lending figures suggest that some European banks will not be able to tap the ECB's Targeted Longer-Term Refinancing Operations (TLTRO) at the cheapest rate on offer. For those institutions, covered bond funding will become a compelling alternative.

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