The California Earthquake Authority (CEA) has tightened the spread for its latest Ursa Re cat bond to 500-525 basis points (bps), while keeping the size stable at $200mn-$250mn, according to sources.
The California Earthquake Authority (CEA) has tightened the spread for its latest Ursa Re cat bond to 500-525 basis points (bps), while keeping the size stable at $200mn-$250mn, according to sources.