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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
Deals up to 20 years could be possible — if issuers are willing to pay some NIP
Second tier issuers already eying September for deals
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The potential for further Trump-induced volatility leaves issuers saving covered bonds for even rainier days
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Favourable factors support long dated issuance in both senior and covered bonds despite the divergent fates of issuers in the two markets
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Africa’s first covered bonds could appear in the coming months
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Pipeline still bottled up but deals could flow once first issuers shake themselves out
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Issuers are not under pressure to rush into a volatile market
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Demand up since 'liberation day' as French firms satisfy bid for quality