Sparebank pays zero premium for €1bn 10 year funding
by Bill Thornhill
May 06, 2021 01:30 PM
Sparebank 1 Boligkreditt (Spabol) priced a €1bn 10 year Norwegian covered bond flat to fair value on Thursday with demand of more than €2bn, showing, once again, the effect of investor demand in an environment of unprecedented negative net supply.
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