Downsides seen winning out in 2017 supply, spreads mixed
Posted on 14 December 2016
Euro benchmark covered bond supply in 2017 will at best match this yearâ€™s ultimately disappointing volumes, or even fall, analysts expect, with factors such as the emergence of new markets doing little to mitigate drags on issuance, while the spread outlook is mixed on uncertainty and ECB moves...
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.
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.
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.
Latest supply suggests new equilibrium being reached
Lloyds adds Sonia supply with second £750m threes
EUR1.7bn CA book boosts 10s, DNB 7s similarly popular
Niche lender BlueStep plans to enter Swedish covered bond market
BNS, BayernLB well received after limiting spread from start
BMO stars with EUR1.25bn return as big book limits NIP
ABN subdued, LBBW comfortable, three more ready to go
Nationwide hits £1bn for Sonia debut against Brexit backdrop
Commerz EUR1.5bn 5s, 15s a ‘solid’ covered opening
CBPP3 ends, with EUR138m decline in penultimate week