'Reality sinking in' over negative yielding new issues, say FIG bankers
Issuers and investors are rapidly coming to terms with the idea that negative yields will become a permanent feature of the financial institutions bond market. Debt capital markets officials say that it is now only a matter of time before a bank plucks up the courage to sell a new senior bond with a sub-zero yield, following examples set in the covered bond market.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: