No 'catalyst for spreads exploding' after summer, say FIG bankers
FIG bankers believe that issuers will refrain from rushing into the primary market following the summer break, waiting instead to hear what the European Central Bank has to say in September.
European market participants have headed off on their summer holidays as financial institutions remain in the thick of earnings season.Though FIG bankers expect activity will heat back up in the primary market in mid to late August, when investors return to their desks, they also say that issuers ...
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