Bawag and Helaba mandated amid expected supply slowdown

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By Bill Thornhill
14 Jan 2020

Covered bond issuers Bawak PSK and Helaba have mandated leads for deals that are likely to be launched on Wednesday — signalling a slackening in Tuesday’s much faster pace.

The pace of euro covered bond supply is expected to slow down over the next few days with bankers saying that issuers are increasingly heading into blackout. 

After the six deals issued on Tuesday, just two bond issues have been mandated for Wednesday suggesting the moderation in supply is ...

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