Negative yields no longer a ‘deal breaker’ for FIG investors
Investors in unsecured bank debt instruments are unlikely to put up much of a fight against the inevitable march into negative yielding new issuance.
Covered bond investors are quickly becoming accustomed to deals being issued a negative yields, with banks having dipped below the 0% mark on a string of recent new issues.There was something of a landmark moment in the market last week, when the funding team at Berlin ...
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