The Mumble: It's quiet... almost too quiet

August 02, 2013 12:00 AM

Borrowers in the SSA market seem to have become either very relaxed or very complacent over recent weeks. Benchmark markets are clearly open and fewer borrowers are ahead of schedule with their funding tasks in the way they were a couple of months ago. But most are happy to idle away the summer days printing the odd bit of reverse enquiry business here and there. One can only hope the rest of the year does not leave them rueing missed opportunities.

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