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Corporate Bonds

For corporate borrowers, perfect has just got better

Whether corporate bond issuance conditions can get any better is a question treasurers have been asking themselves for most of the last 18 months. Well, they just have. The latest dose of invented money from the European Central Bank, and the promise of more, knocked 5bp off the iTraxx Main index — about two months’ worth of normal tightening. And rates are down too.

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