ING Belgium to make rare covered bond return

By Bill Thornhill
12 Feb 2020

ING Belgium has mandated lead managers for its first covered bond since September 2018 and its fifth since the programme’s inception in 2013. The prospective deal may just avoid being issued with a negative yield, but it’s a close call.

The Belgian subsidiary of ING Bank is set to open order books on Thursday for a 10 year benchmark through joint leads Barclays, DZ Bank, ING, LBBW, Nykredit, Santander and UniCredit

The euro deal will be rated Aaa/—/AAA and secured on prime Belgian ...

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.