CFF seizes on first mover advantage
Despite a turbulent market backdrop on Tuesday, Compagnie de Financement Foncier (CFF) took advantage of the fresh money that is usually put to work at the start of each quarter to issue a defensive €1.5bn covered bond with a ‘very generous’ starting spread.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts