Natixis strengthens its position on the euro-denominated covered bond market

Natixis has further bolstered its leadership in the euro covered bonds segment by recently acting as bookrunner on the following transactions:

ABN AMRO NV

Five-year euro denominated covered bond at €2bn. Less than an hour after opening, the order book reached €4bn. The covered bond issue was 98 basis points over swap rates.

BNP Paribas Home Loan

On July 14, BNP Paribas acted on the covered bond market for the fourth time this year and reached €3.4bn in orders for a 4-year loan at €1.25bn.

Deutsche Bank

First seven-year Pfandbrief (German covered bond) issue at €1bn on June 2, 2009. The issue was very successful with investors and was oversubscribed five times.

Société Générale SCF

Seven-year covered bond issue at €1bn for a 4% return rate. The order book reached €4bn.

These operations show that Natixis is one of the leading choices of major European investment banks for their covered bond issues.