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Belly of the curve likely to be most active, but anything from three to 10 years is doable
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
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EU Parliament and Council have reached a provisional agreement on EPBD but 'devil is in the details'
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Senior spreads are tight and covered bonds risk widening further
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Dutch banks are changing the composition of their green pools
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More time needed, but Pfandbriefe cover pools should be safe
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One or two deals may happen next week, but it is unlikely
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Cost of long dated deals too much for borrowers despite clamour