Bankia blows out as credit markets march on
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FIGSenior Debt

Bankia blows out as credit markets march on

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Bankia used €6bn of demand on Monday to launch a new senior bond at a spread that was tighter than the fair value implied by on-looking bankers. SpareBank 1 SR-Bank was also active in euros at the beginning of the week, as credit markets got off to a flying start on the back of a recent rally.

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