Posts Tagged ‘ Anders Aalund ’

Bid-to-covers up, spreads tight as Nordea, RD start auctions

Nov 22nd, 2012
NordeaCopenhagen

Adjustable rate mortgage bonds offered by Danish mortgage credit institutions met with strong demand over the first four days of end-of-year auctions, with bid-to-cover ratios higher than recent years and spreads some 10bp tighter than market levels before the auctions.