Cajamar preps tap at new wide after CA increase

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Cajamar preps tap at new wide after CA increase

The benchmark covered bond market opened for issuance on Tuesday, but was restricted to a Eu350m tap of a 4% October 2025 Crédit Agricole deal. But Spain’s Cajamar is also testing investor interest for an increase of a 3.5% October 2014 issue with what would be the widest spread so far in the benchmark market.

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