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24 January 2018
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Huge covered bond issue will be sold at negative rate

09 March 16 - RE+D Magazine
Huge covered bond issue will be sold at negative rate

COMPANIES

NAI Hellas

Consultant - GREECE

ARXIKON S.A.

Developer - GREECE

GAIAOSE S.A.

Agency - GREECE

PEOPLE

Tuesday saw the first sale of a benchmark negative-yielding covered bond, according to Bloomberg data, with German mortgage bank Berlin Hyp AG selling a €500 million ($550 million) deal at a yield of minus 0.162%.

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