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CREDIT SUPPLY: ACAFP Books >EUR3bn Across Two Tranches

CREDIT SUPPLY

Credit Agricole (ACAFP: A3/A-/A+) books are above EUR3bn across the two tranches. We see fair values on the shorter tranche at MS+85bp area and at MS+115bp on the green 10yr.

  • “IPT: Credit Agricole €Benchmark SNP; 4.33NC3.33, 10Y Green (1)” - BBG
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Credit Agricole (ACAFP: A3/A-/A+) books are above EUR3bn across the two tranches. We see fair values on the shorter tranche at MS+85bp area and at MS+115bp on the green 10yr.

  • “IPT: Credit Agricole €Benchmark SNP; 4.33NC3.33, 10Y Green (1)” - BBG