Posts Tagged ‘
Swedish ’
Apr 11th, 2013
Nordea Bank placed an almost twice oversubscribed Eu1.5bn senior unsecured deal on Monday, which reopened the euro senior unsecured market after the Cyprus bail-out and was followed by a flurry of covered bond issuance.
Posted in Sweden
Tags: Sweden, Swedish
Mar 22nd, 2013
Swedbank and Svenska Handelsbanken tapped the dollar market with covered and senior deals, respectively, after DNB reopened the US market for European covered bonds last week, with attractive funding, investor diversification, and less execution risk than in euros behind their moves.
Posted in Sweden
Tags: Sweden, Swedish
Mar 22nd, 2013
Länsförsäkringar Hypotek launched a Sfr125m (Eu101m) 10 year covered bond on Thursday of last week (14 March), which allowed the Swedish issuer to extend its curve to 10 years and was priced through the curve of domestic Swiss covered bond issuers, according to an official at the bank.
Posted in Sweden
Tags: Sweden, Swedish
Mar 14th, 2013
An official at Stadshypotek said that the end result of a Eu1bn long five year covered bond benchmark on Tuesday was satisfactory, even though guidance had to be widened 5bp from initial price thoughts suggested by banks that turned out to be too aggressive.
Posted in Sweden
Tags: Stadshypotek, Sweden, Swedish
Mar 14th, 2013
DNB today (Thursday) became the first European issuer to sell a US targeted benchmark covered bond this year, after SEB yesterday placed an inaugural, $1.25bn five year senior unsecured deal as dollars offered high quality Yankee names better terms than euros.
Posted in Norway, Sweden
Tags: DNB Boligkreditt, Norway, Norwegian, SEB, Skandinaviska Enskilda Banken (SEB), Sweden, Swedish
Mar 7th, 2013
Swedbank priced its second US dollar senior unsecured benchmark on Tuesday, a well received $1bn (Eu764m/Skr6.34bn) five year deal that bankers said offered attractive funding versus euros.
Posted in Sweden
Tags: Swedbank, Sweden, Swedish
Mar 7th, 2013
Changes to Swedish regulations to improve monitoring and contain risks such as falling property values support Swedish covered bonds as a “safe and effective” funding instrument, Moody’s said on Tuesday.
Posted in Sweden
Tags: Moody's, Swedem, Swedish
Mar 7th, 2013
A mortgage cap introduced in Sweden in 2010 is “still working” and a recent trend of rising LTV ratios has been broken, the country’s Financial Supervisory Authority said today (Thursday), citing results of an annual mortgage survey.
Posted in Sweden
Tags: Finansinspektion, Sweden, Swedish
Feb 21st, 2013
SEB launched the first Swedish euro benchmark covered bond in nearly a year on Monday after feeling that it was “due time” to return to what is its most strategic foreign market, said an official at the issuer, with a more acceptable cross-currency basis swap also spurring the deal.
Posted in Sweden
Tags: SEB, Sweden, Swedish
Feb 14th, 2013
Jonny Sylvén, senior advisor, Association of Swedish Covered Bond issuers (ASCB), spoke to Nordic Financial Institutions & Covered about latest Swedish regulatory developments, asset encumbrance, and labelling.
Posted in In conversation
Tags: ASCB, Jonny Sylvén, Riksbank, Swedish, Swedish FSA