Commerzbank straddles the long and short ends in covered bonds
GLOBALCAPITAL INTERNATIONAL LIMITED, a company
incorporated in England and Wales (company number 15236213),
having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

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

◆ 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:

Request a Free Trial or Login
Gift this article