Covered bond market welcomes central bank scheme to inject EUR60bn in liquidity

Primary issuance soared in May as the covered bond market reacted positively to the ECB's plans to introduce a quantitative easing programme to buy back assets.

As Credit went to press full details of the European Central Bank's plan, announced on May 7, to purchase EUR60 billion of covered bond assets had not been released into the public domain at the Bank's meeting on June 4, but the undertaking's effects were already in evidence.

Primary market activity has renewed (see chart), both in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here