Sometimes, you just have to ask…
It’s been a tough year in CEEMEA bonds, with volumes drooping lower than Putin’s man boobs.
We know that and you know that. Times have been tough in DCM, as they have been when your job is to write about the (almost non-existent of late) new issue market. So forgive us when we start to work the angles —or indeed any angle — for a story. This week we asked the question:
“If you had to guess at a CEEMEA bond volume number for [the second half of the year], what number would you give me?”
The response, cold hearted, but also hilariously appropriate from one contact, was:
“0345 604 3719…”
The telephone line for the UK’s Jobcentre.