Covered bond issuers urged to fund without delay as France votes

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By Bill Thornhill
24 Apr 2017

French and European periphery covered bond spreads were tighter on Monday following the result of the French presidential election first round vote. Bankers have urged issuers to take advantage of the bounce to secure funding.

“If issuers can go, they should go and I think the next two weeks will be the best window that you’ll see,” a FIG syndicate banker told GlobalCapital on Monday.    

However, he and other bankers noted that many banks are still in blackout so a large ...

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