Covered bond watchers anticipate spread action as HSBC departs France

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Covered Bonds

Covered bond watchers anticipate spread action as HSBC departs France

Tyler Davies
June 21, 2021 01:00 pm
HSBC_Alamy_210621_575x375
RWTHDN PARIS, FRANCE - JULY 23, 2017: HSBC bank sign and logo in Paris, France. | Alamy Stock Photo

Market participants think spreads on HSBC’s French covered bonds will "meet in the middle" with those of the lower rated My Money Bank, as the former gets ready to sell its operations to the latter.

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HSBCFIGCovered Bonds
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Tyler Davies
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