Covered Bonds

Sparkasse Bremen garners surprising demand thanks to ‘thin pipeline’

High spread deals are harnessing bumper demand

◆ Global markets search for clues on how long before US rates are cut ◆ Fed path deemed more important than Middle East conflict in dictating primary market tone ◆ Pipeline across capital stack once clarity emerges

Deal offered investors a rare chance to pick up conditional pass-through paper

Canadian lender looks to narrow its spread to larger peers

Other Pfandbrief deals to follow LBBW's 'solid' trade

A large drop in orders was not a surprise as CFF cranked the spread in

World's oldest bank to offer a pick-up to recent Italian deals

◆ UK's biggest building society kicks off FY 2024 issuance programme ◆ Treasury deputy Collins on 'never being a forced issuer' ◆ Nationwide and Virgin Money combined issuance needs under consideration

◆ Why everyone from nuns to pro-coal US state treasurers are giving banks stick over ESG ◆ El Salvador's punchy new debt structure ◆ Appetite for duration in covered bonds

Firms facing consequences from green commitments

Convincing banks to print is the barrier to issuance