All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Totta ignored but hopes rise in Spain for liability management on Cédulas

Portugal’s Banco Santander Totta achieved only a paltry level of participation in an exchange offer of covered bonds for RMBS, exchanging just €3m of HipoTotta notes this week. Yet hopes are rising for more covered bond liability management exercises in Spain.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree