Commercial paper deals in dollars to increase in 2014

By Kathleen Gallagher
10 Jan 2014

European commercial paper deals in dollars topped the currency ranking in 2013 at 36%, the first time since 2001, according to Dealogic. Deals in the currency will continue to rise, according to dealers.

ECP deals in dollars reached a volume of $831.1bn in 2013, up 12% from $741.5bn in 2012, according to Dealogic.

“Banks began to favor deals in dollars last year after the euro started reaching new highs against the dollar,” said a commercial paper banker. “We expect this trend to continue in ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

Oops, something went wrong

We're sorry but at the moment we can't load this data