Q1 covered ‘party’ ends on quiet note, TLTROs awaited
Posted on 29 March 2019
Covered bond issuance in the first quarter was some 30% higher than in 2018, even if the final week of the year proved bereft of benchmark supply. While macroeconomic and geopolitical concerns have returned to the fore, TLTRO III terms could be the most important determinant of Q2 supply...
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