2015 'probably best year ever' to start a covered bond market
SocGen's Ralf Grossmann cites big investor base, demand and tight spreads
Singapore
WITH plenty of demand from European asset managers and European central banks, and limited supply, 2015 is "probably the best year ever" for a new covered bond market to start, said Ralf Grossmann, head of covered bond origination at French bank Societe Generale.
"There's a big investor base, lots of demand, tight spreads, maturity open across the curve," he said.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Porsche posts Q1 profit drop on ramp-up costs
IBM plots US$730 million expansion of Canadian semiconductor site
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly