Market access getting nearer for periphery names
The senior unsecured market was unlikely to see any benchmark deals before the end of the week, bankers predicted on Wednesday, but the market is getting closer to a point where it will be open to a much broader range of issuers.
I dont think we will see any big senior benchmarks this week, said one FIG banker. But if we do I expect longer dated issuance, something like a seven or 10 year just to get some kind of coupon which insurance companies or pension funds can use.
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