2015 'probably best year ever' to start a covered bond market

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.