Muted demand for LBBW social SNP

By Frank Jackman
11 Jan 2021

LBBW and Banque Fédérative du Crédit Mutuel (BFCM) were met with muted demand on Monday morning as the pair ventured into a busier, yet weaker market in search of senior non-preferred debt.

“The market has opened a bit weaker this week, regarding some concerns over the deployment of the coronavirus vaccine in Europe,” said one banker away from the day’s deals.

Germany, as of January 10, had vaccinated 613,347 people against Covid-19, according to data from the University of Oxford, while ...

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