BBVA and Banesto rack up big European CP tickets

03 Jun 2010

BBVA and Banesto sold some large tickets in the European commercial paper market this week, as the bank sector increased its presence.

By Thursday’s close, bank paper made up 51.9% of ECP issuance, up from 44.45% over last week.

Banesto sold $959.3m equivalent, including a Eu652m one month note. BBVA issued $927.6m in euros and sterling, with maturities up to six months.

"Banesto and BBVA are trading in really good sizes," said ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.