Top Section/Ad
Top Section/Ad
Most recent
◆ Italian bank increased benchmark size to €750m ◆ Deal expected to perform in secondary ◆ Covered was one of two issued on Thursday
◆ Canadian bank lands tightest euro covered this year ◆ Further Canadian issuance on the day ◆ Banker on the deal said tranches were priced just inside fair value
◆ Austrian bank's first covered in nearly two years ◆ Both tranches offered 5bp of NIP says banker ◆ Modest 3bp tightening reflects 'normalisation' of covered market
◆ German bank secured spread tightening across tranches◆ Banker said first tranche offered small NIP but second had nothing ◆ Tuesday’s deals failed to deliver the spectacular order books of last week
More articles/Ad
More articles/Ad
More articles
-
Issuers and investors show affinity for the asset class as its pipeline fills up -
Generous concessions and exceptional relative value powered order books
-
Anxiety was high after the Banque de France was absent in Caffil’s six year
-
First two-year for seven years required substantial price discovery
-
Elevated new issue premiums are likely needed for any issuer contemplating a covered bond longer than five years
-
The bank has issued more in 2022 than in the past three years combined
![Deutsche Bank and Commerzbank in Frankfurt in front of a gray sky symbolising the crisis of the financial institutions and their possible merger.[M]](https://assets.euromoneydigital.com/dims4/default/0a4ae5f/2147483647/strip/true/crop/575x323+0+26/resize/320x180!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F24%2F3b%2Fa3118fca48b6be3a57ed21e6e8dd%2Fdeutsche-commerzbank-alamy-575-375.jpg)