Top section
Top section
RBI finds covered bond traction as capital eyed
A generous concession ensured execution certainty for the troubled lender
Covered bond mandates pile up
An Austrian pair, a couple of Canadians and a German bank are poised to extend the covered bond market's rich vein of recent new issuance
Eika's covered bond just makes it over the finishing line
Investors show less inclination to buy longer tenors from smaller names
Sub-sections
Sub-sections
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Investors have shown preference for ethically themed covered bonds as subscription ratios rocket -
Banks encouraged to snatch the central bank bid while it is still there
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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
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Issuing bonds set to grow tougher for weaker credits or those looking to borrow for longer
