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Burst of deals this year in uneven market suggests investors want alternatives to Treasuries
Central and Eastern Europe earmarked as an area of growth by market participants
With masses to fund and spreads super-tight, banks will race to market, but central banks are expected to tighten
Banks could rush to issue as fast as possible, taking advantage of remarkably tight spreads
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The European Commission has opened infringement procedures against 22 member states
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Covered bond market watchers raise issuance expectations after bumper month
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A pioneering structure to mitigate currency risk used in Arion Bank’s debut euro covered bond will improve issuance prospects for borrowers in the emerging markets
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Just one debut issuer is planning a covered bond this week as investors digest September’s supply surfeit
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Cheap central bank financing is on the way out, giving rise to hopes of a busy autumn
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If the European Central Bank is serious about promoting banking sector consolidation, it must wean issuers off the Targeted Long Term Refinancing Operation