Ico’s next Samurai to sharpen focus on institutional investors

By Craig McGlashan
21 Aug 2014

Spain's Instituto de Crédito Oficial (Ico) is considering a Samurai bond targeted at institutional investors, after returning to the market with a retail focused bond earlier this year.

“We have been monitoring the Samurai market,” said Rodrigo Robledo, head of capital markets at Ico. “The demand to do a deal was there in July but because of the rally in Bonos and the fact we are posting levels tight to Bonos it will take time for ...

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