HSBC France Prepping €8 Bln CB Program

02 Sep 2008

HSBC France is in the final stages of putting together an €8 billion ($11.6 billion) covered bond program, with the first issuance set to be as much as €2 billion ($2.9 billion).

--Alex Sebastian

HSBC France is in the final stages of putting together an €8 billion ($11.6 billion) covered bond program, with the first issuance set to be as much as €2 billion ($2.9 billion). The bonds are being backed by a portfolio of residential mortgages issued by HSBC France ...

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