Overview:
- Tallinn-headquartered bank Luminor issued €500 million covered bonds on Euronext Dublin.
- The issuance, due in 2025, was made under the bank's Euro mid-term note programme and is the first covered bond issue from the Baltic region.
- The debt securities were underpinned by Estonian assets and the final yield of the issue was in the negative at -0.18%.
Natasha Forrest - Researcher