Covered Bonds
-
Want to reform the GSEs and create a US covered bond market? You're hired -
Abnormal trend expected to continue posing question for FIG treasury officials
-
Investors would rather buy SSAs than covereds, say bankers
-
Market participants are invited to give their views on the outlook for covered bonds next year
-
◆ Rarity, tenor and size fuel demand ◆ Big book and dozen dealers make allocations tricky ◆ Next to nothing paid in premium
-
◆ Issuer avoids pushing already tight deal too tight ◆ Single digit premium paid ◆ Green German supply ahead of 2023 year to date
-
◆ €500m no-grow deal over three times covered ◆ Only 1bp premium paid ◆ Deal finishes CFF's funding for the year
-
The rise of compliance culture and tech have created an atmosphere of mistrust
-
◆ Final books not disclosed ◆ Small premium paid for tight trade ◆ Some investors face line limits
-
◆ BNP Paribas readies first covered of 2024 ◆ French firm appoints 12 bookrunners ◆ MunHyp to benefit from reshaped yield curve
-
◆ Iconic NYC spot powers CMBS revival ◆ Gilt market braces for Labour Budget ◆ Banks plan bonds for November undaunted by US election
-
November issuance not a given, with focus turning towards January instead
