Lloyds Covered Bonds Said to Yield 180 Basis Points Over Swaps

Jan. 4 (Bloomberg) -- Lloyds TSB Bank Plc’s five-year covered bonds will be priced to yield 180 basis points more than the benchmark mid-swap rate, according to a banker involved in the transaction.

Link to Company News:{LLOY LN <Equity> CN <GO>}

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