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

Eighty right for CAM, irrelevant to others, says lead

Caja de Ahorros del Mediterráneo continued the Spanish march to increasingly wide levels when it priced its debut Eu1bn two year cédulas on Friday afternoon. Despite claims last week that this was damaging the wider market, one lead manager robustly defended the pricing, saying it should have no impact on core names.

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