FIG sentiment steady as markets await FOMC and Dutch elections

Yellen Dec 14
By Bill Thornhill, David Bell
15 Mar 2017

The mood in FIG bond markets this week has been exceptionally positive, with the market expected to take the outcome of the Federal Market Open Committee’s meeting and Dutch elections in its stride after a string of well received deals bolstered confidence across the capital spectrum.

The tone was set on Monday when UBS quickly raised €1.75bn of 5.5 year non-call 4.5 year loss absorbing senior unsecured floating rate notes, with demand of €3.15bn and with a negligible new issue premium. 

The Swiss bank followed US banks Goldman Sachs and Wells Fargo into ...

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