High grade corporate investors start to get picky but deals still sail through FV

Mike Turner

January 14, 2021 04:45 pm

Euros_line_washing_PA_575x375_160120 — 500 euro notes on a washing line. Koln, January 15th, 2020 | usage worldwide | Christoph Hardt/Geisler-Fotopres/DPA/PA Images

Fundamentals are becoming more important again in Europe’s corporate bond primary market, but the power of the European Central Bank technical trade in the secondary market is quickly washing away new issue concessions.

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Topics

Credit Suisse BNP Paribas Commerzbank Crédit Agricole Barclays Corporate Bonds Société Générale High grade and crossover bonds ING

MT

Mike Turner

Corporate Debt Editor