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Analysis: Cost of funds highest in three years

This is a discussion on Analysis: Cost of funds highest in three years within the Latest News forums, part of the Local Happenings category; The wholesale bond issuance strike undertaken by the four major banks in the second half of 2011 is coming back to haunt them. Covered bonds have become a funding necessity ...


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Old 18th January 2012, 06:45 AM   #1
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Post Analysis: Cost of funds highest in three years

The wholesale bond issuance strike undertaken by the four major banks in the second half of 2011 is coming back to haunt them. Covered bonds have become a funding necessity and the pricing on them is pushing up credit spreads on unsecured bonds to unprecedented levels.

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