Santander success proves Spanish doubters wrong
Santander has successfully executed the first public Spanish covered bond since the liquidity and credit crisis struck, a Eu1.5bn five year deal that allayed fears that spreads in the cédulas market could widen in the face of new issuance.
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