Caixa competes for attention in busy mart
Caixabank brought the first covered bond deal of the year from Europe’s periphery on Wednesday but its offering appeared to struggle for attention on a busy day in the covered bond market.
Caixabank tapped its outstanding July 2032 covered bond and issued new 10 year covered notes.In July the Spanish lender issued €375m of 15 year paper in a private placement at 33bp over mid-swaps. It doubled the size of that bond on Wednesday by issuing a further €375m at 32bp ...
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