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

Secondaries irrelevant, say BCP leads as books fill

The books were this (Thursday) morning opened on Millennium BCP’s long awaited covered bond and rapidly filled. However, some market participants said that the exercise reminded them of Banco Espiríto Santo’s Eu1.25bn three year debut in January, which sparked a repricing of the secondary market.

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