Wallflower credit issuers eye up buyers nervously

Corporate and financial institution bond issuance resumed in Europe this week as calm returned to markets after bruising Italian political turmoil led to an ugly and deal-less end to May. With a government installed, markets are working again, but the heavy backlog of issuers is emerging only slowly, anxious not to arrive too soon. Jon Hay, Nigel Owen and Victor Jimenez report.