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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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Convincing banks to print is the barrier to issuance
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Handful of covered and unsecured deals could arrive early next week
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Issuance to pick up, but funding officials could favour more attractive senior unsecured deals
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Issuers may be lured to refinance maturing Pfandbriefe amid benign funding conditions
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Central bank meetings suppress weekly covered bond volumes to their second lowest levels this year
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More credence should be placed on recent deals as secondary curves trade wide of new issues