Top section
Top section
Most recent
◆ Fair value 'a bit tricky' ◆ Scarce and interesting ◆ Issuers need to be realistic
◆ 'Odd' that deal landed so close to ESM ◆ Mid-curve tenors enjoy 'even better' demand ◆ Hamburger Sparkasse six year eyed
◆ Rare pricing against Sonia swaps ◆ Reverse enquiries drive deal ◆ Relative value against SSAs
Sub-sections
Sub-sections
Deal reviews
◆ Fair value 'a bit tricky' ◆ Scarce and interesting ◆ Issuers need to be realistic
◆ 'Odd' that deal landed so close to ESM ◆ Mid-curve tenors enjoy 'even better' demand ◆ Hamburger Sparkasse six year eyed
◆ Rare pricing against Sonia swaps ◆ Reverse enquiries drive deal ◆ Relative value against SSAs
◆ Reception for deal marks contrast to FIG credit ◆ New issue premium debated ◆ Tenor important for pick-up over OATs
Opinion
◆ Why buy bonds when spreads are so tight ◆ Using tech to unearth new economic signals ◆ Playing the shifting relative value pitch
Diversifying demand... coming inside euros... landing flat to dollars... the UK market looks tasty
Why remembrance of things past will soon include the traditional relationship between French covered and sovereign bonds
The UK will do better with tactical retreats on regulation than risking being outflanked by the US's wildcat banking regime
Analysis
Scarcity value helps to drive premiums down and cover ratios up
Spread convergence between EU and non-EU covered bonds will take time, but is expected
Regulator in favour of equivalence in long awaited report
Downgrade 'pretty much priced in' for French bank and covered paper
More articles
More articles
More from covered bonds
-
◆ Scotia moves quickly to tap resurgent sterling market ◆ Trade lands through CIBC and flat to fair value ◆ Confidence returns to sterling covered investor base
-
Banks are taking back control after Covid
-
◆ Dutch issuer has raised €1.5bn in three trades ◆ Deal priced near fair value ◆ Trade timed to avoid French political volatility