Sabadell hits the ‘sweet spot’ as ASB struggles for demand in senior

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By David Freitas
16 Sep 2019

Banco Sabadell and ASB Finance launched senior bonds in the euro market on Monday, with the former hitting the ‘sweet spot’ of investor appetite and the latter struggling to achieve the same level of demand as its Kiwi peer ANZ New Zealand had last week.

Issuers in the financial institutions bond market made use of favourable conditions on Monday after the European Central Bank announceda new package of stimulus measures last week. 

ASB Finance and Sabadell were among a five borrowers looking to sell senior products in the euro market at the very start ...

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