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Banco Popular taps into rich vein of demand for 10 yr paper, bags best price since 2005.
- Source :
- Euroweek; 4/20/2007, Issue 1000, p30-30, 1p
- Publication Year :
- 2007
-
Abstract
- The article presents an update on the cédulas market in Europe as of April 2007. Grupo Banco Popular priced a €2 billion 10 year issue at 6 basis points (bp) over mid-swaps. Caja Madrid offers a €1.5 billion 15 year cédulas hipotecarias at 8bp over mid-swaps while adding €500 million to its €1.5 billion March 2036 deal at 10bp over mid-swaps. A 10 year paper from Banco Bilbao Vizcaya Argentaria issued in January is trading at 4bp/3bp over.
- Subjects :
- BOND market
BONDS (Finance)
Subjects
Details
- Language :
- English
- ISSN :
- 09527036
- Issue :
- 1000
- Database :
- Complementary Index
- Journal :
- Euroweek
- Publication Type :
- Periodical
- Accession number :
- 25262040