Opportunistic covered bond supply tipped

Opportunity
By Bill Thornhill
11 Jul 2019

The pace of issuance looks set to slow down over the next few weeks, but a few opportunistic transactions could emerge given strong market conditions, bankers said on Thursday.

Covered bond supply of just over €100bn this year is ahead of last year and around two thirds of the total forecast for the year as a whole. Supply typically slows down from the second week of July until the third week of August, but bankers believe there ...

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