Bayer and Nat Grid keep IG market buzzing

By Mike Turner
07 Jan 2021

Europe’s corporate bond market was teeming with life again on Thursday after a brief pause for public holidays as German pharmaceutical company Bayer and UK energy company National Grid drummed up bulging order books in euros and sterling.

The trades came after chaos overnight in the US, where rioters broke into the Capitol Building in an attempt to disrupt the confirmation of November's presidential election result in favour of Joe Biden against incumbent, Donald Trump.

“No effect,” said a syndicate banker away from the trades. “As far ...

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