Top section
Top section
Most recent
FIG issuance plans for next week in doubt after Friday 'meltdown'
FIG and EM cover ratios fall while other markets rise
Trading activity and primary performance show covered bond robustness
Sub-sections
Sub-sections
Deal reviews
◆ Finnish deal delivers size ◆ Trade already spotted tighter in secondary ◆ Finnish supply lagging 2024 year to date
◆ Shorter deal proves more popular ◆ Both tranches price near the same Bund spread ◆ Small pick up to Länder offered
◆ Tight deal needed no premium ◆ New investors buy the name ◆ Some short-dated covered bonds now trading through Länder
◆ Dutch bank scoops €1.5bn with three year deal ◆ Demand allows for tight pricing ◆ Next to no premium needed
Opinion
As bank chiefs push for a full-time return to the office, it raises the question of whether this is about productivity, or is it a retreat to the old habit of equating presence with performance?
No reason for banks to fear going tighter still
Higher sovereign rates are here to stay, but borrowers can cope
Everyone knows investment bankers’ jobs can be cut at a moment’s notice. It’s one thing when you’re experienced and have made some money. But junior bankers are just as vulnerable, and have fewer options. It’s a big problem this year
Analysis
Trading activity and primary performance show covered bond robustness
The gap is closing thanks to covered undersupply but there will be a floor as relative value starts to make little sense
Bankers hope for April showers after quiet end to March
Investors showing a preference for rarer names and jurisdictions
More articles
More articles
More from covered bonds
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◆ How US tariffs will affect bond issuers in the medium and long term◆ Liberation Day: your funniest quotes ◆ A funding update from KfW's head of capital markets, Petra Wehlert -
◆ Book holds together despite strong spread revision ◆ No concession needed for popular print ◆ Investors find safe haven in covered bonds
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◆ Deal demand shows covered bonds ability to withstand volatility ◆ No concession needed ◆ French deal lands through OATs
