Floater craze is no ‘false start’ as BBVA plucks €1.5bn out of market

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Floater craze is no ‘false start’ as BBVA plucks €1.5bn out of market

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BHARAT - Fotolia

Spain’s BBVA paid next to no new issue premium for €1.5bn of new funding this week, picking its moment to return to a very healthy market for floating rate notes.

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