Greek bail-out not enough to get FIG ball rolling
The financial institutions debt market did not respond as some might have hoped to Greece’s bail-out package, with any glimmer of hope that conditions were improving at the start of the week fading by Wednesday. Bankers fear fund managers will switch from wait-and-see mode to outright selling. To find out what it will take for bank issuers to return, read EuroWeek on Friday.
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