Surprise French election news stirs up FIG volatility, French senior non-preferred bonds widen

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Surprise French election news stirs up FIG volatility, French senior non-preferred bonds widen

Ulaanbaatar, Mongolia. 21th May 2023. Emmanuel Macron makes first French presidential visit to Mongolia. Credit: L.Enkh-Orgil.

◆ France's snap election 'a big surprise' for markets say FIG bankers ◆ French senior non-preferred bonds underperform ◆ Issuers taking a 'wait-and-see' approach

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