FIG issuers fear slow start to post-summer activity
Participants in the financial institutions bond market had expected that issuers could hit screens with new transactions as early as this week, but so far macroeconomic and political uncertainty has discouraged them from putting investor appetite to the test this summer.
FIG bankers were hopeful that the euro market could reopen as early as this week, as financial institutions emerge from earnings blackouts. But no issuers have so far ventured into the market.“I don’t think there’s any feeling of panic in the market as there was last week,” ...
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