FIG senior market explodes following ECB meet

By Frank Jackman
15 Mar 2021

The euro market burst into life with new FIG deals on Monday, as borrowers reacted to supportive comments from the European Central Bank last week. Bankers now expect plenty of supply to fill out the pre-Easter pipeline.

“The market has gone off like a firework today,” said one banker away from the day’s deals. “We’re going to be busy until the Easter break now after last week’s lacklustre market.”

Last week, only Intesa Sanpaolo, CaixaBank and Volksbank ventured into the euro market, ...

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