Spanish market looking forward as pipeline starts to fill

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Covered Bonds

Spanish market looking forward as pipeline starts to fill

March 16, 2007 12:00 AM

The pricing of AyT Cédulas Cajas Global's 10 year issue this week cemented the Spanish covered bond market's tighter levels. The Eu2bn deal was priced 1.5bp inside where AyT's Eu2.28bn 10 year issue was priced in December.

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