The swap has led to the dollar becoming the main currency used in the ECP market.
By Thursdays close, dollar issuance comprised $20.77bn compared with just $14.25bn of paper issued in euros. Last week, issuance in dollars was slightly higher closing at $24.97bn compared with $24.3bn in euros."The euro/dollar ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org