Green shoots? Unicredit raises €750M in the first issue of covered bonds by an Italian lender...

|By:, SA News Editor

Green shoots? Unicredit raises €750M in the first issue of covered bonds by an Italian lender this year. Orders topped €2B, and more than 40% of the fills were to foreign sources. It was priced to yield just over 4% - more than 100 bps less than similar-maturity government debt.