Bank bond supply outlook positive despite weakening conditions

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By David Freitas
11 Jun 2020

Conditions in the financial institutions bond market worsened this week but plenty of senior and subordinated bonds still got away. With credit spreads unpredictable, the supply outlook remains favourable, said bankers.

Despite the tough conditions, there was still plenty of cash on offer across the various asset classes — and plenty of investors looking for yield.

And supply is set to keep up with demand for both senior and subordinated asset classes. A FIG syndicate banker said that he ...

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