After a busy Wednesday, two banks tapped the senior unsecured market on Thursday. Westpac closed a Eu1bn seven year bond and Italy’s Credito Valtellinese sold a 2.5 year deal.
were full of praise for yesterdays transactions but many were still scratching
their heads as to why KBC Ifimas 4.5 year note had struggled to find demand.
managers BNP Paribas, Deutsche Bank and UBS closed books just before lunchtime
on Westpacs seven year benchmark, fixing the size at Eu1bn. EuroWeek