Primary pauses in FIG after ‘all hell breaks loose’
Volatile market conditions have made some issuers think twice about approaching the primary market, after Banque Fédérative du Crédit Mutuel and Santander Consumer Finance found it difficult to build any momentum for their deals this week.
No banks were looking to sell new unsecured bonds in the euro market on Thursday and FIG bankers reported that a number of potential projects had been put on hold.A volatile couple of days for trading will have convinced issuers that executing new bond sales could be ...
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