Commerzbank straddles the long and short ends in covered bonds
![Dusseldorf, Germany - August 20, 2011: Commerzbank signage on tiled wall. Commerzbank AG is the second-largest bank in Germany](https://assets.euromoneydigital.com/dims4/default/dd9d296/2147483647/strip/true/crop/5073x3373+0+0/resize/840x559!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F6e%2F8b%2F4910e2174c90a7cf7f442533d40a%2Fhn8tf4.jpg)
◆ Demand for Commerzbank deal less than expected ◆ 6bp-7bp of premium needed ◆ Senior unsecured supply glut eats up covered demand
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: