Spanish banks set to shun public markets after sovereign bonanza
Spanish banks enjoyed a surge in demand for their private placements this week, and many are expected to favour the private market for issuing senior unsecured debt in 2014.
Spain printed a €10bn 10 year Bono on Wednesday from a book of €40bn, driven by investors buying in to a recovery story that was given a boost this week when the IMF raised the country's 2014 growth forecast from 0.2% to a slightly less anemic 0.6%.Santander sold ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org