News, analysis, data

CPTs cut from reinvestments in latest ‘unfair’ ECB move

Posted on 14 December 2018


The European Central Bank doubled down on its resistance to conditional pass-through covered bonds by yesterday excluding them from reinvestments of APP principal payments from 1 January, in an unanticipated move deemed “unfair” by some market participants, including the ECBC...

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:

Helaba uncovers demand for 1.25bn negative fives

BPCE 2.25bn sets highs as five raise 5bn, two mandate

Planned renewables covered among NordLB group upgrades

RBC 1.5bn impresses inside BNS in non-EZ fillip

Sabadell juice attracts 3bn amid no let-up in issuance

Big book for Westpac $1.75bn US dollar reopener

RLB O to follow in 15s, with second big week expected

CA Italia sets peripheral long as 8s, 25s combo pulls 3bn

Exuberance moderates but pick-ups help keep books high

CA Italia to reopen periphery, could set record long with 25s

Fantastic four find strong bid for euro market reopeners

Leeds gets bumper Sonia book after Nationwide performance

Lloyds targets fixed rate sterling benchmarks for Sonia switch

LBBW plans traditional 7s as euro market gears up

Nationwide 1bn reopens covered despite US strike