Syndicate teams ‘know less than 10 years ago’ says KfW treasurer
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Syndicate teams ‘know less than 10 years ago’ says KfW treasurer

KfW

The treasury head for one of Europe’s largest capital markets borrowers, Germany’s KfW, said last week that primary markets syndicates ‘know less about the markets than 10 years ago’, leading to bankers being more conservative about where to price bond issues than in the past.

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