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The new European Secured Note market is keen to secure regulatory recognition for the new product but there are advantages to not having it
The possible further internationalisation of the covered bond market will present challenges as well as opportunities
Record-tight dollar spreads flatter public sector borrowers — and flag a deeper unease about the benchmark itself
If it looks like a covered bond, acts like a covered bond and prices like a covered bond, then it probably should be treated like one
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Sustainability-linked bonds are the market’s best megaphone
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New securitization rules might work but they are an ugly solution
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The EC’s regulatory proposals for securitization are broadly positive, but some reforms are questionable
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Ignoring terrible news is the only way to act in this market
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Enjoy the roaring markets while you can, they won't last long
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The difficulty of hitting the standard makes it a standard worth having