Qatar blamed for soaking up foreign demand in dollars
Dollar borrowers continued to enjoy decent spreads this week but syndicates complained of indigestion as foreign investors scuttled to the sidelines.
No new borrowers came forward on Thursday, the first day without corporate supply this month, giving investors time to digest recent supply. Market participants blamed the previous week’s $6bn Qatar government bond for blunting investor appetite, in particular among foreign borrowers usually active in the US corporate bond ...
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