Update

Beginning as we ended

9 January 2026 9:33 RaboResearch

If one theme defined the covered bond universe in 2025 it was deep and consistent demand. The opening funding week for 2026 has, thus far, extended that theme, bridging the much anticipated shift in 2026 with the added element of a burst of longer dated supply.

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Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more