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Slow SCBC sends shivers through covered bonds

Cold chill windy weather from Alamy 230x150
By Bill Thornhill
07 Jun 2021

Swedish Covered Bond Corporation’s (SCBC) benchmark eight year deal, syndicated on Monday, was slow to build and, even though the final spread looked fine, the process clearly showed that investors are reticent to buy deals at prevailing levels.

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By Bill Thornhill
07 Jun 2021