Flurry of taps in euros as ECB approaches

ECBBuilding_Adobe_575x375
By Lewis McLellan
28 Oct 2020

Four borrowers hit the euro market on Wednesday, focusing on taps and small new lines. The issuers are seizing their opportunity to sell before this week's European Central Bank press conference and nest week's US elections.

The ECB is holding a press conference on Thursday to announce its decision on monetary policy. While the ECB is not expected to announce any changes to rates or its bond purchase programmes, analysts believe it will do so by the end of the year, and will be ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial