Citi jumps on Sofr as borrowers run rampant
FIG borrowers jumped into the dollar market with lightning speed this week, snapping up attractive financing rates.
Banks and insurers dashed to the market, driven by falling rates and pent-up investor demand. Thursday brought supply from Citi, Standard Chartered, Commonwealth Bank of Australia (CBA) and the Carlyle Group as the pace of supply showed no signs of slowing in a week that was truncated by
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