After carrying off the title Best Euro Lead Manager for Covered Bonds in 2018, Natixis has had a brisk start to the year, lead-managing a third of financials’ issues on this segment, across the euro area – France, Germany, and Spain – and beyond, such as Canada and more recently Sweden with Swedbank, Norway with DNB Boligkreditt and Eika Boligkreditt,
Issuer volumes in the Financial Institutional group space surged at the start of the year, with an 25% increase, out of which 54% is related to the Covered Bonds segment, in order to soften the LTRO cliff refinancing (Targeted Long Term Refinancing Operations) at a lower cost.
These performances again attest to Natixis’ ability to drive financial issuers on the markets and help them diversify their investor base.