Caixabank frontloads with its largest deal since 2011

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Caixabank frontloads with its largest deal since 2011

Caixabank has become the fourth Spanish bank to tap the covered bond market this year with its largest Cédulas in five years. That four borrowers have launched similar sized deals of around €1.5bn so far this year suggests volatile market conditions are causing banks to frontload their funding.

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