SocGen Covered Bonds Said to Yield 110 to 115 Basis Points

Societe Generale (GLE) SA’s sale of euro- denominated covered bonds due in 2019 may be priced to yield 110 to 115 basis points more than the benchmark mid-swap rate, according to a banker involved in the transaction.

To contact the editor responsible for this story: Ben Martin at bmartin38@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.