FIG investors await election for clarity over UK supply
Investors in the financial institutions bond market have not had much chance to invest in UK credit this year, especially in the euro market in light of the political uncertainty in the country. Much of the supply next year will depend on the UK general election results next week.
“Credit markets have been very stable, and investors are taking advantage of that,” a FIG syndicate banker told GlobalCapital this week, in light of the subscription levels that trades have received in the euro market.For instance, on Tuesday Ageas saw books reach around €5bn of demand at ...
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