CCDQ competes with CFF for attention
La Caisse Centrale Desjardins du Quebec (CCDQ) issued its inaugural legislative covered bond on Tuesday, but despite a high quality book, a seemingly attractive spread and a two week hiatus in term benchmark covered bond supply, the issuer could only muster a modest oversubscription.
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