La Caixa stars in covered bonds with enlarged 10 and 15 year, as AyT labours to sell Eu1.4bn

La Caixa de Barcelona launched a rare two tranche covered bond this week to get the most out of its visit to the long end of the market, splitting its cédulas hipotecarias into 10 and 15 year tranches.

ABN Amro, Barclays Capital, InverCaixa and SG opened the books on ...