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New Pfandbrief platform brings Liechtenstein’s first ever covered bond
Earnings blackouts and higher funding costs to supress April supply
After nearly barren week, issuance could return after Easter but all depends on headlines
Data
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◆ Summer trade rewarded peak orders of five times deal size ◆ Deal lands through fair value at 33bp over mid-swaps ◆ Euro IG credit spreads reach new tights -
Company looking to become a frequent face Down Under
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Canadian banks have high fossil fuel financing and are heavily used as repo collateral
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Meanwhile, corporate issuers pile in after Roche deal
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New issue premiums to be small or negative
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