Top section
Top section
◆ Insurance companies anchor long dated green tranche with near-4% yield ◆ Curve extension debated ◆ Deal comes amid widening secondary spreads but lands with negligible premium
◆ UK lender raises $4.5bn-equivalent in five senior holding company tranches this week ◆ Both deals target long dated funding ◆ Despite secondary widening, euro offering lands with hardly any premium
◆ 52bp reoffer equals Nordea’s multi-year record ◆ ‘Insane’ levels show FIG spread compression, rival banker said ◆ Buy-and-hold investors prioritised
Data
Favourable market conditions have made raising debt like 'fishing with dynamite' for bank issuers. But concerns are mounting about volatility ahead
French bank scoops top spot overall, while BNP Paribas leads in senior and Crédit Agricole in capital
Strong demand and tight spreads has propelled volumes past January records
Late-week surge shows investors remain hungry for paper despite macro volatility
More articles/Bond Comments/Ad
More articles/Bond Comments/Ad
More articles
-
◆ Sabadell prices AT1 amid merger reports ◆ Deals reflect 'strong support' for FIG primary ◆ Erste finds demand for AT1 offering -
◆ Deal lands close to fair value ◆ Demand holds firm despite 7bp spread move ◆ CEE a 'growing' market for covered bonds
-
Books were more than six times the deal size
-
Diversity of deals on offer as recession fears subside
-
◆ Deal follows $8.8bn HSBC senior issuance ◆ US-China trade deal lifts sentiment, points to more tier two and additional tier one deals ◆ HSBC pays no premium
-
◆ 'Gangbusters' outcome as books hold ◆ Mix of accounts hunt for senior paper ◆ Jyske Bank prices senior non-preferred
Polls and awards
The covered bond market gathered in Seville to celebrate its standout deals, institutions and individuals
Last chance to vote for the best winning deals, individuals and organisations in the covered bond market
The leading banks, issuers, individuals and other market players were named at GlobalCapital's flagship industry dinner in London
The winning deals and organisations will be revealed at our gala dinner in Seville on September 18
Sub-sections
Comment