Swiss Pfandbriefbank takes size at tight spread

Switzerland icon 230px
By Bill Thornhill
03 Dec 2019

Swiss Pfandbriefbank issued a Sfr1.1bn (€1bn) three part deal on Monday which was notable for both its size and the tight spread achieved.

The borrower issued a three part covered bond on Monday that benefited from a paucity of recent supply, enabling the issuer to raise a sizeable Sfr1.1bn of funding with demand of Sfr1.7bn at tighter spreads than a comparable deal issued last month. 

Joint leads Credit Suisse, Raiffeisen Switzerland ...

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.