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

Spain lines up covered bond hybrid

Spanish banks will be able to issue structured covered bonds under planned changes to corporate finance law, Moody’s said on Monday. The law change would enable issuers to structure dual recourse instruments with conditional pass-through mechanisms backed by a wide range of assets issued from special funds.

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