CFF plays it safe with rare five year covered bond
by Bill Thornhill
July 05, 2021 02:15 PM
Compagnie de Financement Foncier responded to investor demand for defensive maturities on Monday by issuing the first five year covered bond from a core European bank this year. Although the super-sized deal attracted substantial interest, the leads said it would be incorrect to conclude that market sentiment had turned positive.
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