Monte shows OBG success despite sub debt struggle

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Covered Bonds

Monte shows OBG success despite sub debt struggle

Bill Thornhill
January 23, 2019 01:30 PM
Monte_dei_Paschi_PA_230x150
The exterior of the Italian bank Monte dei Paschi di Siena in Rome, Italy, 07 February 2017. Photo: Lena Klimkeit | Lena Klimkeit/DPA/PA Images

Banca Monte Dei Paschi di Siena (MPS) achieved a strong result for its first Obbligazioni Bancarie Garantite (OBG) since 2015, sending a strong signal to investors, and particularly those of its struggling subordinated bonds.

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Topics

ItalyMonte dei PaschiEuropeEMEAFIGCovered Bonds
BT
Bill Thornhill
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