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◆ Banker said deal offered little new issue premium ◆ Euro transaction on Tuesday triggered the deal ◆ Lloyds' last sterling covered was issued in October 2025
First new covered bond since the end of February ◆ Deal shows investor preference for short-dated paper – RBC ◆ Issuer benefits from minimal exposure to Middle East, says banker
◆ Norwegian bank increases size ◆ Issuer meets spread objective ◆ Banker said he drew confidence from secondaries
◆ Italian bank landed price and size with latest offering ◆ Deal was second Italian covered bond of 2026 ◆ Banker said trade had ‘good momentum from beginning’
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After Tuesday's difficulties, the Dutch bank showed the market works
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Tuesday’s four covered bonds were challenging to sell
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Tightest deal from LBBW struggled to reach full subscription as investors leaned towards spread
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Pipeline includes LBBW's dual tranche that will also feature a 10 year maturity
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A compelling spread, limited deal size and quiet market provided the ingredients for success
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'Amazing' book swells beyond expectations