{"id":232638,"date":"2010-01-26T16:41:51","date_gmt":"2010-01-26T21:41:51","guid":{"rendered":"http:\/\/mortgagenewsclips.com\/2010\/01\/26\/cibc-prices-2-billion-covered-bond-start-of-a-trend-by-non-u-s-banks\/"},"modified":"2010-01-26T16:41:51","modified_gmt":"2010-01-26T21:41:51","slug":"cibc-prices-2-billion-covered-bond-%e2%80%93-start-of-a-trend-by-non-u-s-banks","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/232638","title":{"rendered":"CIBC PRICES $2 BILLION COVERED BOND \u2013 Start of a Trend by Non-U.S. Banks?"},"content":{"rendered":"


\n\"CBI-logo-clips.jpg\"<\/a> \"MJ-cbi.jpg\"<\/a><\/b><\/p>\n

Canadian Imperial Bank of Commerce (CIBC) has priced its<\/b> landmark U.S. dollar-denominated covered bond<\/b><\/a> with initial guidance at about 30-32 basis points over mid-swaps, according to a story Jan. 26 from Canada’s<\/b> Financial Post<\/b><\/i>. It is estimated that CIBC’s funding cost for the bond \u2014 which has a three-year maturity \u2014 will be about 2%.<\/b><\/p>\n

This will be the first time in years that covered bonds have been issued in U.S. dollars from any source \u2014 foreign or domestic. READ MORE>><\/a><\/b><\/p>\n

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http:\/\/www.coveredbondinvestor.com\/news\/cibc-prices-usd-2-billion-covered-bond<\/b><\/a><\/p>\n

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\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

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Canadian Imperial Bank of Commerce (CIBC) has priced its landmark U.S. dollar-denominated covered bond with initial guidance at about 30-32 basis points over mid-swaps, according to a story Jan. 26 from Canada’s Financial Post. It is estimated that CIBC’s funding cost for the bond \u2014 which has a three-year maturity \u2014 will be about 2%. […]<\/p>\n","protected":false},"author":88,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-232638","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/232638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/88"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=232638"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/232638\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=232638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=232638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=232638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}