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Strong demand for slim supply could tempt issuers to access the market before Christmas
No investors involved in Caffil's latest deal mentioned concerns over French risk
Issuers' desire to put covered pre-funding to one side suggests concerns over bumps ahead
Absence of new bonds to help secondary spreads grind tighter
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Mortgage growth and investor interest to fuel Pfandbriefe next year -
Singaporean and South Korean lenders expected to be regular euro issuers
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New Zealand banks to end their absence from the market
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Luxembourg market draws closer to extinction
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Covered's tight spread to senior unsecured is a bigger problem for supply than France's politics
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Higher issuance and redemption volumes expected to put pressure on covered bonds next year
