Spanish Covered Bond Holders Will Benefit From Mortgage Law Amendments

Approved amendments to Spain's Mortgage Market Law, due to come into force shortly, will strengthen and clarify the credit position of holders of Spanish mortgage covered bonds (Cedulas Hipotecarias) as well as the timely payment of these instruments following an Issuer insolvency.

  • 28 Nov 2007

-- Daniel Flatt

Approved amendments to Spain's Mortgage Market Law, due to come into force shortly, will strengthen and clarify the credit position of holders of Spanish mortgage covered bonds (Cedulas Hipotecarias) as well as the timely payment of these instruments following an Issuer insolvency, Moody's Investors Service has ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 6,665 23 12.97
2 Citi 5,781 17 11.25
3 BNP Paribas 3,715 15 7.23
4 Barclays 2,853 9 5.55
5 Credit Suisse 2,783 8 5.42

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 99,250.27 279 13.04%
2 Bank of America Merrill Lynch 92,153.61 267 12.10%
3 Wells Fargo Securities 72,661.39 222 9.54%
4 JPMorgan 52,367.24 169 6.88%
5 Credit Suisse 41,885.89 127 5.50%