Covered bond bids improve as Brexit storm clouds gather
Bids for recently issued covered bond deals are trading close to or tighter than their reoffer spreads but with the UK parliament’s crunch vote on the European withdrawal agreement due on Wednesday, scope for a further widening cannot be ruled out. Especially if new issue premiums continue to reprice curves.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: