Covered Bonds
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Not much to read into great deals from Germany and the EU, say traders
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The issuer met its size and spread aspirations as Bawag lined up the market's next new issue
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Investors flocked to to the €750m deal allowing the issuer to price at a small premium
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Attractive bond pricing available for foreign and domestic issuers
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Banks race against ECB’s complete exit form market as pent-up Italian supply awaits
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Small Finnish lender pays 10bp premium to double the length of its curve
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Senior market funding is out of reach for some Finnish banks
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KfW 10 year judged ‘unimpressive’ after tight pricing as new EFSF paper widens
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Proceeds of the Swedish Krona deal fund local forest regeneration
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Risk appetite has improved from last week
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German lender secures the lowest eurozone mortgage concession since February
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Less than four months into 2023, French lender has already raised two thirds of the covered bond volume it did for all of last year