Sparebank’s approach pays off, kickstarts primary market

27 Sep 2007

Sparebank 1 Boligkreditt won plaudits for the unhurried execution of its inaugural, Eu1.5bn three year transaction on Monday, and was credited with reopening the covered bond market.

Danske Bank, Dresdner Kleinwort, HSBC and Merrill Lynch re-offered the paper at 4bp over mid-swaps, the tight end of the 5bp over ...

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