Yorkshire return attracts €3.5bn of orders, tightens 7bp
Posted on 30 April 2019
A EUR500m no-grow five year covered bond for the UK’s Yorkshire Building Society today proved a blow-out, being oversubscribed in seven minutes and ultimately attracting some EUR3.5bn of demand from 140 accounts – although a move of 7bp from a “defensive” start raised eyebrows...
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