Crédit Ag steals show with covered bond juggernaut
Crédit Agricole issued the biggest euro covered bond benchmark since 2007 this week, achieving a competitive cost of term funding at historically cheap rates. Apart from the ECB’s new stimulus measures which helped demand, the deal size was somewhat enlarged by the bank’s recent tender according to Nadine Fedon, CEO of Crédit Agricole Home Loan SFH.
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