First Spanish Covered Bond Since Crunch Comes In

10 Oct 2007

The first Spanish covered bond since the credit crunch took hold has come to market.

-- Daniel Flatt

The first Spanish covered bond since the credit crunch took hold has come to market. According to Johannes Rudolph, analyst at HSBC Trinkaus & Burkhardt AG, the last Spanish deal was issued by BBVA, which priced a €1 billion ($1.4 billion) public sector bond in late ...

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