News, analysis, data

UniCredit FRN, fixed OBG combo ticks boxes, flies

Posted on 15 January 2014


Italy’s UniCredit was inundated with orders for a Eu1.5bn dual tranche OBG today (Wednesday), a rare format in euro covered bonds made more unusual by inclusion of an FRN, which bankers said caters to growing bank treasury demand but also benefits issuers...

The page you have requested is available to registered users only.

Please log in to read the rest of this article and view the full site.

Log in

If you have forgotten your password, please enter the e-mail address you entered when registering for the site into the "reset password" box. You will then be sent a new password to enter on the next page, where you will also be given the option of choosing a new, more memorable password.

Reset password

If registering, you will be sent an e-mail confirming your username and password on pressing "register", as well as being taken to the homepage. If you have any problems accessing the site, please follow the link in the mail.

Register

Recent headlines:

CBPP3 hits low in August, redemptions to rise beside issuance

SMTB first nears as expected Japanese regs promise more

Energy efficiency-default risk correlation bolsters EEMI

‘Pragmatic’ HVB draws €2bn bid for €1bn Pfandbrief eights

DZ sells €1bn fives at flat in most negative yield of 2020

DZ tees up shortest German benchmark since January

SMBC sees negative first as encouraging for fellow Asians

SMBC’s €1.8bn book for fives deemed reward for IR efforts

MünchenerHyp hails 15s execution after seizing positive opportunity

BPCE ups ‘no-grow’ 7s as investors scramble for paper

Big pay-off from ‘little more’ as MueHyp 15s draw €1.8bn

CA next bank in successful local CHF200m debut

DNB SEK5.5bn FRN shows attractions of Swedish mart

Berlin Hyp front-runs EU, SRI helps set German book high

BHH €500m green 10s amass €2.15bn book at limited NIP

Berlin Hyp set for reopener with 10th green, new target