CP market finds positive tone

By Frank Jackman
04 Jun 2020

After a rocky two months, the CP market is starting to normalise as spreads track in to their pre-pandemic levels and borrowers find themselves flush with cash.

“For us as an issuer, the liquidity conditions now are excellent,” said Jérôme Margerin, head of short-term funding at Agence Centrale des Organismes de Sécurité Sociale (Acoss). “We have never been this well funded in our lifetime. Between the end of March and the end of May the ...

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