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GC Asia
Banks will carry on 'looking at windows' in earnings season
Market participants expect that bank debt issuance activity will slow down in anticipation of earnings season over the next few weeks. But deal arrangers suggest banks will still be keen to access the primary market during this period, should conditions remain favourable.
Issuers found the market to be in very good shape last week, with investors showing strong appetite for high yielding instruments.
European financial institutions were able to sell €4.25bn of subordinated bonds in the euro market. Of this, €2.35bn came in additional tier one (AT1) format, which represents the ...Already a subscriber? Login
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