News, analysis, data

ECB-fired market helps CA Italia, BPI to blow-outs

Posted on 15 March 2019


Crédit Agricole Italia and Portugal’s BPI priced new issues flat to fair value today on the back of order books that were at least six times subscribed, with the ECB’s dovish stance and confirmation of TLTRO III last week cited as having boosted demand for peripheral credits in particular...

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