‘Vintage Rabo’ issues record breaking covered bond
Rabobank has issued the largest covered bond of the year, drawing the biggest and most granular order book for any covered bond in over five years in the process. The stellar reception illustrated the issuer’s broad reach and confirmed that the full gamut of covered bond buyers are now back.
The Dutch borrower issued a €2bn 10 year with demand of more than €6bn from 250 accounts. The size and breadth of its order book has not been seen in the covered bond market since January 2013.The deal was priced at 15bp over mid-swaps with a ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org