BBVA Announces Early Redemption of Mortgage Bonds

Banco Bilbao Vizcaya Argentaria (ES:BBVA) has released an update.

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Banco Bilbao Vizcaya Argentaria (BBVA) has announced the early redemption of its mortgage bond issuance, ‘Cédulas Hipotecarias – Mayo 2015,’ set to be completed on December 12, 2024. The issuance, originally valued at 2 billion euros, highlights BBVA’s strategic financial maneuvering within the fixed income market. This move signals BBVA’s proactive approach in managing its financial obligations and maintaining investor confidence.

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