Posts Tagged ‘
euros ’
Oct 5th, 2016
Nordea Mortgage Bank, a new Finnish issuing entity established following a demerger of Nordea Bank Finland, is looking into possibilities in the euro market and could launch its first euro covered bond in the fourth quarter of 2016, according to an official at Nordea.
Posted in Finland
Tags: covered bonds, euros, Finland, Finnish, Nordea, Nordea Bank Finland, Nordea Mortgage Bank, Sweden, Swedish
Sep 27th, 2016
Stadshypotek issued its first covered bond out of a Finnish cover pool today (Tuesday), selling a thrice-subscribed Eu500m 10 year issue that progressed smoothly, in contrast with more turbulent conditions in other markets, with NordLB pulling a senior trade amid pressure on European banks.
Posted in Market
Tags: covered bonds, euros, Finnish, Stadshypotek, Svenska Handelsbanken, Sweden, Swedish
Aug 30th, 2016
DNB Boligkreditt attracted Eu2bn of orders to a Eu1.5bn 10 year covered bond today (Tuesday) that is the largest euro benchmark in the maturity since 2014 and comes after a slew of long-dated supply.
Posted in Market
Tags: covered bonds, DNB, DNB Boligkreditt, euros, Norway, Norwegian
Aug 25th, 2016
SpareBank 1 Boligkreditt sold its first 10 year euro benchmark on Tuesday, with the possibility of offering a positive yield at the long end a factor, according to the issuer’s COO, who said erroneous reports on its substitute assets did not affect the Eu1bn deal’s successful outcome.
Posted in Norway
Tags: covered bonds, euros, Norway, Norwegian, SpareBank 1 Boligkreditt
Jul 15th, 2016
New Nykredit Realkredit “senior resolution notes” (SRNs) are positive for holders of its covered bonds, Moody’s said yesterday (Thursday), after S&P revised its outlook on the issuer from negative to stable and the Danish issuer reopened the euro senior market with its second such deal.
Posted in Denmark
Tags: Danish, Denmark, euros, Nykredit Realkredit, senior resolution notes, subordinated, Tier 3
Jun 17th, 2016
BRFkredit sold a EUR750m seven year covered bond on Wednesday that bankers said was the most solid deal of the week, benefitting from a bounce in sentiment, after Stadshypotek sold a EUR1bn six year issue on Monday that was only just oversubscribed amid weaker conditions.
Posted in Market
Tags: BRFkredit, covered bonds, Danish, Denmark, euros, Jyske Bank, Stadshypotek, Svenska Handelsbanken, Sweden, Swedish
Jun 4th, 2016
SR-Boligkredit sold a €750m (NOK6.97bn) long five year issue on Wednesday that bankers, citing a slim new issue premium, described as its best deal to date after a lacklustre result in January, with the new issue having been boosted by a comprehensive roadshow.
Posted in Norway
Tags: covered bonds, euros, Norway, Norwegian, SpareBank 1 SR Bank, SR-Boligkreditt
May 27th, 2016
Danske sold its longest benchmark senior unsecured bond on Wednesday, a Eu1bn seven year issue that attracted over Eu2.3bn of demand. It issuer also last week launched its first benchmark, syndicated Norwegian krone covered bond, as part of a planned Norwegian expansion.
Posted in Market
Tags: covered bonds, Danish, Danske Bank, Denmark, euros, Norwegian kroner, senior unsecured
May 20th, 2016
SEB sold a €1bn senior unsecured FRN with an uncommon four year maturity on Wednesday, opting for this partly to tap a part of the curve vacated in light of upcoming TLTROs, according to SEB’s John Arne Wang, with eventual demand of over €1.3bn surpassing expectations.
Posted in Market
Tags: euros, FRN, SEB, senior unsecured, Sweden, Swedish
Apr 22nd, 2016
Iceland’s Arion sold a €300m (ISK41.9bn) three year senior unsecured bond on Tuesday, its second public euro-denominated issue, attracting mainly real money accounts and confirming the ability of Icelandic banks to access international markets at lower costs, according to the bank’s CEO.
Posted in Market
Tags: Arion Bank, euros, Iceland, Icelandic, senior unsecured