Corporate black-outs give bond bankers a break
The corporate bond market is taking a short pause for breath after a hectic month of issuance as many credits head into blackout periods ahead of the results reporting season. Only Imperial Tobacco and EDP Finance have printed new paper, both with transactions on Tuesday. Investors adding to portfolios have turned to taps with issuers such as BMW, Vodafone and REN increasing recent transactions. To find out how all the deals and taps in the market this week fare, read EuroWeek this Friday.
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