Belfius bid bodes well for DexMA
Dexia’s rebranded Belfius Bank attracted a huge swell of demand from a broad span of investors for Belgium’s first ever pandbrief on Monday. Bankers said the pricing highlighted a disparity to Dexia’s French municipal agency funding arm (DexMA), which is set to become a French state agency next year and should in theory trade much tighter.
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