Posts Tagged ‘
Finnish ’
Mar 27th, 2015
Aktia Bank issued a Eu500m seven year covered bond on Tuesday that overcame difficult market conditions to attract a diverse Eu1.5bn order book that represented the highest level of oversubscription on any benchmark for two weeks.
Posted in Finland
Tags: Aktia Bank, covered bond, Finland, Finnish
Mar 13th, 2015
Nordea Bank Finland drew over Eu4.25bn of demand for a dual-tranche, 5.25 and 12 year, deal on Tuesday that, at Eu2bn, is the largest covered bond issue since November and the first dual-tranche benchmark to have both tranches pricing through swaps.
Posted in Finland
Tags: covered bond, Finland, Finnish, Nordea Bank Finland, Sweden, Swedish
Feb 27th, 2015
Pohjola Bank launched the OP group’s first benchmark transaction of the year on Tuesday, a Eu1bn seven year bond that took advantage of a lack of supply in the senior unsecured market coupled with strong demand.
Posted in Finland
Tags: Finland, Finnish, OP-Pohjola, Pohjola Bank, senior
Nov 28th, 2014
The recent CBPP3-inspired momentum of the covered bond market appeared to have dried up over the past week, with demand for a Eu1bn 10 year OP Mortgage Bank benchmark last Friday (21 November) falling short of expectations amid other senior and covered bond issues being pulled.
Posted in Market
Tags: covered bonds, Finland, Finnish, OP Mortgage Bank, OP-Pohjola
Nov 21st, 2014
OP Mortgage Bank is set to launch a 10 year benchmark imminently, having announced the mandate this (Thursday) afternoon for launch in the near future.
Posted in Finland
Tags: covered bond, Finland, Finnish, OP Mortgage Bank
Oct 31st, 2014
A Eu1bn 10 year Nordea Finland deal on Wednesday that was the first new benchmark eligible for CBPP3 since the programme began met with a “bonkers” response, achieving pricing 5bp inside initial price thoughts and kickstarting the primary market for Eurozone issuers.
Posted in Finland
Tags: CBPP3, covered bond, Finnish, Nordea Bank Finland
Oct 2nd, 2014
Finland’s Ålandsbanken sold its largest single tranche covered bond on Tuesday, a Eu150m four year issue backed by a Finnish cover pool, and plans to return before year-end with a krona-denominated inaugural covered bond out of a Swedish cover pool.
Posted in Finland
Tags: Alandsbanken, covered bond, Finland, Finnish
Sep 12th, 2014
Sampo Oyj, parent company of the Finnish financial conglomerate, sold a Eu500m seven year bond issue on Tuesday, its first euro benchmark since February 2012, and met with strong demand.
Posted in Finland
Tags: Finland, Finnish, insurance, Sampo Oyj
Sep 4th, 2014
Ålandsbanken is aiming to increase the share of covered bonds in its funding profile, according to an official at the issuer, as it prepares to go on a roadshow linked to plans for a euro deal backed by its cover pool of Finnish residential mortgages.
Posted in Finland
Tags: Alandsbanken, covered bonds, Finland, Finnish, Swedish
Apr 24th, 2014
The Finnish Ministry of Finance presented proposals for the implementation of the CRD IV and CRR framework to parliament last Thursday (17 April), with the proposals in line with expectations, according to an official from the Federation of Finnish Financial Services.
Posted in Finland
Tags: Basel III, CRD IV, CRR, Finland, Finnish