FIG market soaks up new senior supply ahead of blackouts

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FIG market soaks up new senior supply ahead of blackouts

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Illustration picture shows a KBC logo at a press conference to present the 2016 year results of financial institution KBC Group, Thursday 09 February 2017 at the KBC headquarters in Brussels. BELGA PHOTO FILIP DE SMET | FILIP DE SMET/PA Images

Financial institutions flocked to the euro market this week to take advantage of extremely favourable issuance conditions in the run-up to earnings season. As many as 13 borrowers raised close to €9bn of senior funding in the space of four days.

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