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

Paris, France, July 23, 2009

Natixis has lead over 22 covered bond operations since January 2009 and ranks 3rd in the capital markets league table (source Dealogic)

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


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.