MPS attracts strongest covered demand of 2019

Bill Thornhill

October 01, 2019 03:00 pm

Monte_dei_Paschi_AP_230x150 — A view of a window of a Monte Dei Paschi di Siena bank in Milan, Italy, Wednesday, May 9, 2012. Italian bank Monte dei Paschi di Siena have tumbled Shares of the Italian bank Monte dei Paschi di Siena have tumbled after financial police searched its offices in connection with a market rigging probe in the 2007 acquisition of Banca Antonveneta SpA. (AP Photo/Luca Bruno) | Luca Bruno/AP

A Banca Monte Dei Paschi di Siena (MPS) €1bn seven year issued on Tuesday was the most oversubscribed covered bond of its size issued this year and, with 300 investor orders, attracted the most granular order book of the year by a wide margin.

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Topics

Italy Monte dei Paschi Europe EMEA FIG Covered Bonds

BT

Bill Thornhill