Natixis’s Jesús Sáez assesses impact of political sphere on capital market landscape in Cinco Días

In an interview with Spanish newspaper Cinco Días, Jesús Sáez, Natixis’s head of debt capital markets in Spain and Portugal, confirmed that the political sphere, including the recently held Spanish government elections, will not negatively impact the valuation of investors on sovereign debt.

Speaking to the newspaper about the impact of Spain’s debt on investor interest, Sáez says: “The Spanish debt, at present, is not the focus of concern for investors – they will not penalize it,” adding that there has been some movement among bond issuers back to Spain recently, “perhaps triggered by the desire of some issuers to carry out emissions under Spanish and non-British law because of Brexit.”

The full article can be found here.