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Panel I b): Understanding the world today… and the role of covered bonds

18 Sept 2025
STREAM I (Auditorium III)
STREAM I
  • Still a safe haven? For buy side and sell side?
  • How to price a covered bond: relative to govvies, swaps, agencies, bank senior bonds, securitisation, absolute yields…
  • New needs, new assets: infrastructure, defence, public deficits, rebuilding Ukraine, developer loans, affordable housing and emerging markets…
  • Supply and demand in 2026 – and what determines it
Chairperson
Richard Kemmish, Editorial Consultant - FT Live
Speakers
Cristina Costa, Director, Covered Bonds/ SSA Research - Barclays
Vi Davda, Head of Bond Origination - ABN AMRO
Florian Hillenbrand, Senior Covered Bond Analyst - Helaba
Friedrich Luithlen, Head of DCM - DZ BANK
Julien Marchand, Managing Director, Financial Markets, Head of Origination, FI/SSA - NORD/LB
Tomas Rodriguez-Vigil Junco, Senior Vice President, Sector Lead, European RMBS and Covered Bond Ratings - Morningstar DBRS
View all Covered Bond Congress 2025