Atanas Dinov

FIG

Euro Sign in Front of the European Central Bank, Frankfurt am Main, Germany

ECB tweaks European bank capital requirements

Banks deemed 'solid' but risks in credit quality and growing non-preforming loans pose problems ahead in weak economy

Atanas Dinov, December 21, 2023

Covered Bonds

Commerzbank Hamburg - bank offices in central Hamburg

Commerzbank's early Pfandbrief announcement sets up fight for investors in January

The bank's plan to issue a seven year covered bond sets the stage for likely head to head execution with LBBW

Atanas Dinov, December 20, 2023

Regulatory Capital

HAUGESUND, NORWAY - JULY 22, 2020: SpareBank 1 bank in Haugesund, Norway. SpareBank is one of biggest banks in Norway.

Private banks pile into SR-Bank's late year AT1 refi

High net worth Nordic investors have been buying local AT1s as an alternative to equities

Atanas Dinov, December 19, 2023

Covered Bonds

Stuttgart, Germany, headquarters of the Central LBBW Landesbank Baden-Wuerttemberg

LBBW announces first 2024 covered bond in unprecedented move

The seven year Pfandbrief will offer the longest covered bond for more than four months

Atanas Dinov, December 19, 2023

Covered Bonds

Macro Close up of a World Map Globe With Focus on France and Western Europe

Core jurisdictions to drive almost half of expected 2024 covered bond issuance

French, German and Dutch banks are forecasted to print a combined benchmark volume of around €75bn, with 2024 looking like another year of positive net supply

Atanas Dinov, December 18, 2023

Regulatory Capital

Storen, Norway - September 2, 2022: Close-up view of the Sparebank 1 bank office exterior sign.

SR-Bank brings early AT1 refi in dead of winter

◆ High yields pull investors into local currency AT1s ◆ SR-Bank to use proceeds to refinance March AT1 call ◆ Will hold tender for existing bond to reduce cost

Atanas Dinov, December 18, 2023