Strong return for BCP as Rabo lifts off

摘要

Rabobank made a triumphant entry to the covered market last Monday, the same week that BANCO COMERCIAL PORTUGUES made a strong comeback in the format after a near eight-year absence. The majority of European banks already have covered funding programmes in place, but Rabobank (Aa2/A+/AA-) had been conspicuous by its absence - making this one of the most sought-after covered mandates in history, according to one banker.