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.
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