{"id":1467,"date":"2010-01-12T17:29:09","date_gmt":"2010-01-12T16:29:09","guid":{"rendered":"http:\/\/ppr.foncier.fr\/?p=1467"},"modified":"2018-09-03T17:29:59","modified_gmt":"2018-09-03T15:29:59","slug":"compagnie-de-financement-foncier-just-issued-a-e2bn-new-benchmark-covered-bond-with-a-3-year-maturity","status":"publish","type":"post","link":"https:\/\/ppr.foncier.fr\/en\/compagnie-de-financement-foncier-just-issued-a-e2bn-new-benchmark-covered-bond-with-a-3-year-maturity\/","title":{"rendered":"Compagnie de Financement Foncier just issued a \u20ac2bn new benchmark covered bond with a 3-year maturity"},"content":{"rendered":"<p class=\"chapo\">The choice of a 3-year maturity allowed Compagnie de Financement Foncier to target an investor base not hit until now and to make this issue a great success.<\/p>\n<p>Indeed, the book order rapidly reached \u20ac2.4bn in two and a half hours only with 106 different accounts. The strong interest of the investors allowed Compagnie de Financement Foncier to issue \u20ac2bn at +24bp over swap.<\/p>\n<p>The geographic breakdown shows the great part of Germany with 30% of the accounts but also France with 25% of the final distribution.<\/p>\n<p>Central Banks with 34% and banks with 31% represent the majority of orders followed by pension funds with 23%.<\/p>\n<p>With this issue, Compagnie de Financement Foncier shows again its ability to seize market opportunities in a difficult and competitive environment but also the renewed confidence from particularly prestigious international investors.<\/p>\n<p>This is the bigger benchmark Covered Bond issue of 2010 with the greater size on a 3-year maturity since May 2008.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The choice of a 3-year maturity allowed Compagnie de Financement Foncier to target an investor base not hit until now and to make this issue a great success. Indeed, the book order rapidly reached \u20ac2.4bn in two and a half hours only with 106 different accounts. The strong interest of the investors allowed Compagnie de [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/ppr.foncier.fr\/en\/wp-json\/wp\/v2\/posts\/1467"}],"collection":[{"href":"https:\/\/ppr.foncier.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ppr.foncier.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ppr.foncier.fr\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ppr.foncier.fr\/en\/wp-json\/wp\/v2\/comments?post=1467"}],"version-history":[{"count":0,"href":"https:\/\/ppr.foncier.fr\/en\/wp-json\/wp\/v2\/posts\/1467\/revisions"}],"wp:attachment":[{"href":"https:\/\/ppr.foncier.fr\/en\/wp-json\/wp\/v2\/media?parent=1467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ppr.foncier.fr\/en\/wp-json\/wp\/v2\/categories?post=1467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ppr.foncier.fr\/en\/wp-json\/wp\/v2\/tags?post=1467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}