FIG supply lull to open doors for non-EU financials
Well funded European financial institutions could take a step back from the euro market in the build up to the summer period, leaving it to firms from outside the region to keep FIG investors entertained in the coming months.
With few market participants expecting a big wave of euro issuance going into the summer, one syndicate head said banks from outside Europe would have free rein to take advantage of favourable supply dynamics.Two insurance firms have already stepped up. AIG, the US insurer, raised €1bn of
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