FADE rides perky peripheral sentiment to pick up €1.8bn
A long three year bond from Spain’s Electricity Deficit Amortisation Fund (FADE) was on Tuesday given a warm welcome by an investor base thirsty for yield and increasingly comfortable with peripheral European debt following Italy’s presidential election on the weekend.
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
