Caixa Galicia staggers market with pricing on debut deal
Caixa Galicia achieved attractive funding with its debut cédulas hipotecarias issue this week, pricing the Eu1.5bn 12 year deal at 9bp over mid-swaps, as demand in the covered bond market continued to outweigh the modest supply.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts