Oma Savings Bank lines up as investors hunt for juicier yields

Juice_Orange_Adobe_230x150
By Bill Thornhill
26 Mar 2019

Oma Savings Bank plans to open order books for a covered bond on Wednesday following an earlier roadshow. The deal comes amid a dearth of covered bond supply this week and a return to negative rates suggesting good scope for ultra-long dated supply.

Oma Savings Bank is expected to open books on Wednesday for a €250m five year after completing a roadshow last Friday with joint leads Danske Bank, LBBW and OP Corporate Bank.   

The bank's curve trades approximately 5bp wider than Aktia’s, whose 0.375% March 2026 was indicated ...

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.