Covered Bonds
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DZ prices 36bp inside Oberösterreichische as the third consecutive trio of deals lines up
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Cost was lower than euros and cheaper than the bank's debut Sonia deal
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New US investors are coming to the table as resurgent volumes are eyed
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Issuers play it safe as they target the three to five year area
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◆ The Beatles may have a new, if that is the right word, song but one of their classics sums up Zambia's debt restructuring best ◆ The bank treasurer's dilemma ◆ A new index for the covered bond market
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Banks have a promising but fleeting funding window that could push unsecured issuance for the year to a new record
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Index will use levels from PricingDirect
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Issuers will be hoping to pre-empt January's likely spread widening
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Inventories to be pared down as end of year approaches
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Swiss car leasing specialist hits ambitious target with unique covered bond structure
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BTP's overnight performance helped secure domestic interest
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Lender prepares four year covered bond deal as funding conditions appear to ease for Italy and its banks