Madrid euro debut to boost Spanish municipal bond market

The City of Madrid's inaugural euro bond could encourage other local governments in Spain to venture into the international markets for funding.

Madrid has mandated BBV Argentaria and Crédit Agricole Indosuez as joint bookrunners for a €150m ($134m) 10-year offering. German bank DePfa Bank will participate as a joint lead manager and a further syndicate will be invited.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump