Levfin jumping as issuers try to exploit attractive window

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By Alex Radford, Owen Sanderson
11 Sep 2019

Investment grade corporate bond issuance has slowed right down on Wednesday, as issuers and investors are getting cautious before the European Central Bank monetary policy meeting on Thursday.

“Both investors and issuers are waiting,” a corporate syndicate banker said this morning, “and sort of expecting, an outcome which is not that positive.” 

As the market's expectation had been incredibly dovish, he worried that it would be hard for the central bank not to disappoint. “That’s why a ...

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