News, analysis, data

Lloyds leads way into SONIA era with £750m debut

Posted on 5 September 2018


Lloyds led the way into a new era for sterling bank issuance with a £750m three year FRN covered bond today that is the first benchmark from a financial institution to be linked to SONIA, with a £1.4bn book a sign of investors’ “surprising” readiness...

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:

Green Berlin Hyp, TD sell eights amid big yield bounce

BHH eights to extend negative covereds after DZ opts for 10s

SG French green first feels positive impact of strong mart

CIBC sees positive appeal of eights in euro covered return

Arka 10s in Friday upside surprise, SG green debut due

Santander pick-up sought after, CIBC extension pays off

CIBC set to open H2 with meagre yield on eights

Surprised but phlegmatic after Helaba, investors beware the ECB

SG positive impact bond set to be first green French covered

The CBR 2019 Awards for Excellence: The Winners

Credit Suisse debuts new programme in Swiss francs

Helaba takes negative plunge, finds buyers for 750m fives

Tatra follows Slovak big two, prices EUR250m accordingly

Italy in favour as Mediobanca EUR750m brings OBGs back