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HQLA investors have reallocated away from covered and into SSAs
DekaBank's sub-benchmark success shows investors are there, but issuers are unwilling to follow
Senior funding there for the taking, covered bonds yet to take off — but conditions are great for all
Books bulged in July as investors flocked to the last of the summer deals
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Bund-swap moves will put tight Nordic spreads under pressure next year
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One large borrower that did not issue this year may return to the market
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'Eye-catching' deal sheds some light on what covered bond spreads might be like come January
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As the end of 2024 approaches, deals expected to be few and far between
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When senior unsecured spreads are so tight, why even think about issuing covered bonds?
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Recent Länder deals shed light on where covered bonds might clear