BPM covered bond soars in sevens

Bill Thornhill

January 16, 2018 12:15 pm

Milan_PA_230x150 — View of Porta Nuova's skyline, one of Milan's districts, with the tall tower 'Torre Unicredit' (C) in Milan, Italy, 13 March 2015. Photo: Nicole Becker/dpa - NO WIRE SERVICE - | Nicole Becker/DPA/PA Images

Banca Popolare di Milano (BPM) successfully issued its first covered bond transaction since June 2016 with the high spread overcoming credit quality and volatility concerns.

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Topics

Italy Europe EMEA FIG Covered Bonds

BT

Bill Thornhill