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◆ Bank prints first Belgian covered in over six months ◆ Issuer caps order size at €750m from start ◆ Covereds this week offering more new issue concession
◆ €1.5bn covered is ING's first of 2026 ◆ 5bp of concession ◆ 'Sweet spot' tenor
◆ Issuer tightens spread by 4bp ◆ Stronger opening on Wednesday paved way for covered ◆ Deal offered some new issue premium
◆ Bond the first EuGB covered ◆ Danish issuer tightens spread by 5bp ◆ Issue offers next to no concession
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The bank may have been hoping for more, but achieved its aim
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Sluggish orders for the €500m note limited price traction
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Good news about European inflation led buyers to welcome issuers’ €1bn offers
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A tap of a 6.5 year note proves popular as investors look for tenors beyond three years
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Covered bond issuance slows as issuers focus on January
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Nordea has issued green deals from all four Nordic subsidiaries