Covered bond pipeline bulges with seven issuers eyeing deals

Water Pipe
By Bill Thornhill
04 Nov 2019

Caffil, Crédit Mutuel Arkéa, Danish Ship Finance, Deutsche Bank, DZ Hyp, mBank, and NordLB are lining up a plethora of unusual and inaugural issuance, as they look to benefit from the European Central Bank’s decision to resume net purchases at higher-than-expected volumes.

Deals issued last week by Deutsche Kreditbank and BPCE showed that the European Central Bank was ready to buy up to 40% of eligible primary transactions, well above the circa 25% that many had expected.

The transactions were very successful, but it is not clear how ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

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: or find out more online here.