NIPs return to FIG market but rally not yet run
Banque Fédérative du Crédit Mutuel (BFCM) and Group BPCE profited from favourable issuance conditions to bring new senior trades to the euro market this week, though bankers say that borrowers have had to start paying premiums to investors again.
European financial institutions have dined out in the last few weeks as a buoyant tone in financial markets has allowed borrowers to get away without paying any concessions to raise new debt.But a few wobbles in the value of bank debt securities in recent trading sessions has ...
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