CaixaBank tier two screeches tighter in secondary market

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CaixaBank tier two screeches tighter in secondary market

Other Spanish issuers would do well to take notice of CaixaBank’s return to the tier two market, and should use the good conditions to print their own deals, bankers told EuroWeek Bank Finance on Wednesday. The Spanish lender's Tuesday trade tightened by almost 20bp in the secondary market on Wednesday, having priced pretty much flat to fair value.

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