ICO shines as Gothenburg shows credentials

04 Feb 2011

Instituto de Crédito Oficial (ICO) built on its recent capital markets successes with a series of MTNs this week.

It followed its biggest ever public trade — a Eu2.5bn three year benchmark sold on Tuesday — with a Eu500m two year private placement sold to a single domestic investor.

The Spanish agency sold the 3.5% note due February 2013 through Crédit Agricole CIB on Wednesday. It also ...

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