Lloyds £1bn threes set Sonia tight, CRH dual-tranche due
Posted on 27 January 2020
Lloyds issued the tightest ever Sonia-linked covered bond today, attracting over £1.8bn of orders at plus 37bp to a £1bn three year FRN that follows a spate of five year supply. CRH is set to sell the first euro benchmark of the week tomorrow, an eight and 15 year dual-tranche deal...
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