GG rush to market before ECB meeting
The pace of government guaranteed issuance picked up in the early part of this week as borrowers from Austria, the UK, the Netherlands and Spain rushed to complete deals ahead of the European Central Bank meeting tomorrow. Issuers remain price takers in the face of the adverse news flow, but this is not proving to be a deterrent. Read EuroWeek on Friday for a full round-up of this week’s issues.
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