News, analysis, data

Issuers face uphill battles in ‘exhausted’ covered market

Posted on 18 May 2022


The primary market proved tough today, as Caffil tested the long end of the market and Sabadell offered rare Spanish supply, with oversubscription levels limited for both, while a HCOB €500m ship Pfandbrief and a Raiffeisenverband Salzburg sub debut achieved modest successes...

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:

RLB N-Wien gets 750m as ECB 20% share surprises

Deutsche 15s gambit comes off, July CBPP3 test awaited

NIPs up, expectations down as four more hit euro covered

Fingers crossed for Kookmin as ECB takes emergency step

Aareal braves negativity but offers little cause for optimism

Solid soft bullet debut for NIBC amid tough conditions