TSB’s inaugural euro covered close to seven times covered
![TSB bank in Archway, North Islington, now open since the easing of lockdown restrictions during the coronavirus pandemic, London, UK](https://assets.euromoneydigital.com/dims4/default/86ecfce/2147483647/strip/true/crop/5761x3841+0+0/resize/840x560!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F2d%2Feb%2F8197fec341eda1af423381d46e13%2F2cg7gcb.jpg)
Debut €500m five year deal spotted up to 7bp through reoffer in the grey market
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