Catalonia, Valencia turn to retail, Spain goes to Japan
Spanish public sector borrowers are continuing to find unconventional sources of demand for large funding volumes — but the costs of doing so are heading higher.
The Community of Valencia is understood to be planning to raise as much as Eu1.5bn from a one year retail bond before the end of December, following an even larger but similar Eu3bn deal for Generalitat de Catalunya sold by a 22-strong retail syndicate in November.
That deal could ...Already a subscriber? Login