Senior holds off, with eye on central banks
FIG issuers could steer clear of printing senior unsecured deals until September, bankers said on Wednesday, as softer secondaries deterred deals and the euro crisis again began to attract attention.
Recent senior trades continued to trade wide of re-offer, with most bankers seeing them a touch wider or flat versus Tuesday.
Bankers agreed that the softer market could be putting off any issuers that had planned to pull the trigger this week, with implied new issue premiums higher than
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