Top section
Top section
Banker is moving to Greece as focus grows in connecting its capital markets and banking sector to international investors
◆ Deal follows same structure as SEB's Monday trade ◆ Market conditions made for 'easy' go/no-go decision ◆ Low new issue premium
◆ Swedish lender prices in line with Nordic banks' trading levels ◆ One of the tightest five year prints since early 2022 ◆ Funding completed ahead of expected supply from higher spread issuers
Data
The single currency stands out as the most attractive funding source while the US dollar market remains open in size
Some evidence of green price advantage in secondary market, but not primary
Conditions support capital issuance, even though European Commission's report gave no clarity on the future of AT1s
Money centre banks pay to to land jumbo deals at sizes unheard of in euros
More articles/Bond Comments/Ad
More articles/Bond Comments/Ad
More articles
-
Shorter deal fits mortgage origination pattern as investor appetite vanishes for ultra-longs -
UK bank's second foray into the subordinated Aussie bond market
-
-
◆ Bankers focused on attrition levels ◆ NAB ‘better than expected’ amid UK interest ◆ Swedbank tests FRN appetite
-
◆ Orders fail to match recent T2 deals, but rivals say that’s OK ◆ Why psychology matters ◆ Debate on premium
-
◆ Dutch bank last issued in 2022 ◆ Investors eager to buy after lacklustre June and July ◆ Next to no premium needed
Polls and awards
Cast your vote now to decide this year's covered bond award winners and express your views in our new market survey
Bond market's leading performers recognised at GlobalCapital's annual awards ceremony
The awards recognise the market's leading deals, issuers, banks and other participants
The winning institutions and individuals will be revealed at the awards dinner on June 17 in London
Sub-sections
Comment