Covered Bonds

Higher yields and wider spreads have revitalised demand, as seen in Muenchener Hypothekenbank's recent deal, which attracted €2.75bn of demand from returning official institutions, as well as bank treasury investors from as far afield as Australia

Yields not seen for years on high rated names delight Swiss investors

Previously mooted covered bond plans not completely off the table

The spread was tightened by more than on any other covered bond in the past four weeks

OLB raised tricky seven year funding amid renewed rates volatility

A steep rise in four year yields to more than 1% sparked investor interest

French firm ends long absence flat to its Swiss franc curve

Despite less demand from the ECB, covered bond flows are in rude health

Deal priced inside guidance in contrast to an earlier Slovakian deal from VUB

Issuer’s price target was not met, but outcome was still impressive

Orders for the well subscribed deal continued to flood in after spread was set

French financial group has raised €6.5bn in the covered bond market so far this year