German states’ funding hitting €100bn not ‘unrealistic’, says global DCM head

By Burhan Khadbai
24 Mar 2020

The combined capital markets funding of German states in 2020 will substantially rise and could return to the levels seen at the height of the global financial and eurozone sovereign debt crises, according to a global head of debt origination.

“The longer this lasts, the higher the funding volumes will be,” Clemens Popp, global of debt origination at UniCredit, told GlobalCapital. “At the peak of the financial and sovereign debt crises, we saw the funding volumes of German states at triple digits before dropping back to around ...

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