CFF swipes €1.25bn in sevens

Ljupco Smokovski/Ljupco Smokovski - Fotolia

Compagnie de Financement Foncier (CFF) enjoyed stellar demand for its €1.25bn seven year covered bond on Monday and, despite pricing flat to its curve just a few days before the European Central Bank policy meeting and after another nuclear test from North Korea, the deal attracted extraordinary demand.