BPCE gets Eu1bn in 10s but result modest versus peers
Posted on 4 October 2017
BPCE SFH secured size and duration with a Eu1bn 10.5 year covered bond issued flat to mid-swaps today, although with the book standing at around Eu1.3bn and the spread tightened 2bp from initial guidance, the result was deemed more modest than a trio of recent French 10 years...
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