Mapfre underscores risk appetite as sterling flourishes

07 Nov 2012

A second Iberian FIG success in as many weeks is pointing to increased investor risk appetite, including greater potential for Spanish and Portuguese bank deals. Meanwhile, activity is picking up in sterling as accounts buy covered, senior and private placements.

Elsewhere, Barclays intrigued capital specialists this week as it met investors to discuss a potential contingent capital transaction. It is marketing a tier two instrument which will write down if Barclays’ common equity tier one ratio falls ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial