ING shrugs off competition as 10 year deal opens new era for Dutch law-based issues

ING on Tuesday priced the first new benchmark under the Netherlands’ covered bond legislation, a Eu1.25bn deal that also came with the first 10 year maturity since the market burst back into life last week.

Leads BNP Paribas, Barclays Capital, ING and UniCredit generated orders of Eu1.45bn, and priced ...