Bank CP issues ‘to remain until 2014 at least’

29 Mar 2012

The bank commercial paper market isn’t likely to return to its pre-crisis state for at least another two years, despite dealer reports of an uptick in demand.

Jonathan Curry, global CIO of liquidity at HSBC Global Asset Management, told EuroWeek that news of a tentative return by US money funds to French banks — which had been shunned as the Eurozone crisis worsened in the latter half of 2012 — was not a sign of ...

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