Huge Q1 volumes help banks in wait for ‘palatable’ debt costs
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FIGSenior Debt

Huge Q1 volumes help banks in wait for ‘palatable’ debt costs

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European banks broke a five year record for funding volumes in the first quarter, despite steering clear of markets for most of March. Their blistering start to the year will help them to sit out a while longer, as they wait for funding costs to settle during the coronavirus pandemic.

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