UOB obtains a negative yield on the last euro covered bond amid strong demand – The Asset
Singaporean lender United Overseas Bank (UOB) generated strong demand in a successful return to the euro covered bond market, valuing on November 24 an offer of one billion euros ($ 1.2 billion). It is Singapore’s largest euro-denominated covered bond and the first in two years after UOB issued a € 500 million offer in September […]
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