Nordea
-
The Norwegian bank is planning to issue 'in the near future' its first covered bond since September 2024 -
◆ Spread was tightened by 5bp through execution ◆ Order book was ‘high quality’ says banker ◆ Norweigan bank's first covered since October
-
◆ Thursday's only covered deal, possibly February's last ◆ French issuer likes dual tranche format ◆ 'Disconnect' between primary and secondary markets apparent, says banker
-
◆ Order book close to €5bn ◆ Spread tightened by 9bp ◆ Pick-up over OATs
-
Investors show demand for short-dated FRNs from FIG and corporate credits in private and public formats
-
◆ Italian bank amasses €3bn-plus book for second covered of 2025 ◆ Bond issued at 45bp in line with Italian BTPs ◆ Bank said order book improved through the morning
