DNB differentiates in crowded covered mart with rare fives

High Five_230px
By Bill Thornhill
16 Jan 2018

DNB Boligkreditt differentiated itself in a crowded covered bond market on Tuesday by issuing the first five year deal of 2018, a strategy that paid off, given it was also the largest deal of the year.

DNB took advantage of the paucity of five year covered bond supply to pounce on the covered bond market on Tuesday with the first offering in this tenor this year.

The deal was mandated just as a trio of competing transactions in seven and 10 year maturities were launched. 

Despite ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.