'Reality sinking in' over negative yielding new issues, say FIG bankers
Fokussiert - stock.adobe.com
Issuers and investors are rapidly coming to terms with the idea that negative yields will become a permanent feature of the financial institutions bond market. Debt capital markets officials say that it is now only a matter of time before a bank plucks up the courage to sell a new senior bond with a sub-zero yield, following examples set in the covered bond market.
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