‘Last chance saloon’ in FIG market as supply starts to slow

By Tyler Davies
26 Nov 2020

Deal arrangers expect that next week will be the last real window for issuance in 2020, with investors set to close down activity from the middle of December.

FIG DCM bankers have been struggling to encourage clients to pile into the market over the last few weeks, despite a significant improvement in funding conditions. 

Supply has mostly been driven by small issuers bringing trades in sub-benchmark sizes, as well as a smattering of larger banks ...

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