Spain Market Review, April 2020: Ibex plummets

Thirty-eight structures matured in April, releasing approximately €597m back onto the market for reinvestment. The large Spanish banks are already feeling the first impact of the coronavirus pandemic, according to their first quarter 2020 results. The six listed entities (Santander, BBVA, CaixaBank, Bankia, Sabadell and Bankinter)  put aside €3.9 billion for the possible deterioration of their results in the remaining quarters of the year. Combined, the six banks registered a ne