Slow covered bond restart expected

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By Bill Thornhill
14 Aug 2019

Covered bond issuers are circling the market looking to print come September. But this year the usual autumnal restart could be delayed until after the European Central Bank meeting on the 12th.

“A lot are looking, but are questioning whether to go before or after the ECB meeting,” a syndicate banker told GlobalCapital on Wednesday. “Even after the ECB meeting yields will be negative up to 10 years, so there is a genuine question as to whether they should test ...

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