Covered bonds have room to rally — for now
A major investor in covered bonds told GlobalCapital this week that his firm was still positive on the near-term outlook for eurozone covered bonds, as they had lagged behind a more general credit spread tightening. That meant covered bonds still offered attractive value compared with government bonds, while the European Central Bank was stepping up its buying.
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com