All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
FIGSenior Debt

Arbitrage keeps US banks active in euros

Citi 230px

Citi added to a spree of euro issuance from US banks on Wednesday, following Goldman Sachs and JP Morgan to hit the market for a 10 year senior print. The low rate environment in Europe means US banks can offer investors attractive spreads while still saving against their cost of funding in dollars.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree