Covered Bonds
-
The French Budget in October and US mid-term elections in November could be times for covered bond issuers to avoid -
Asset managers and hedge funds are set to continue buying covered bonds because of their yields which are averaging around 3%
-
Covered issuance 'more or less done for now,' analysts say
-
Covered bonds performed despite geopolitical shocks in early 2026 and will continue to do so for the rest of the year, Rabobank has suggested
-
New issue premiums have remained around 2bp despite five deals in the past two weeks compared with 12 in the previous two weeks
-
Cost of carry will deter French issuers from pre-funding too much to avoid election volatility
-
Foreign issuers tap market for price and diversification
-
◆ Second public sterling covered bond secured against BTL mortgages ◆ Spread gap compressed versus prime covered bond peers ◆ Small premium paid
-
British bank picks four leads to run its second public sterling BTL mortgage covered bond
-
◆ Canadian issuer tightened spread by 2bp ◆ Bank's seventh tranche of covereds of 2026 ◆ BMO has placed dollar euro and sterling covereds since January
-
Analysts have said the mortgage market and spreads do not support the widespread issuance of longer dated covered bonds
-
After the busiest June since 2010, banks are well progressed in the covered funding programmes
