One day rally sparks bond sales as banks jam brakes on loan pricing

14 Sep 2011

Is the European corporate bond market becoming less fussy? A healthy crop of transactions and roadshows was announced on Wednesday morning, suggesting that issuers, or investors, or both, have loosened their definition of what constitutes a favourable market for issuance.

The Euro Stoxx 50 rose 1.55% on Tuesday and another 0.6% on Wednesday morning, while Markit’s iTraxx Europe Main index has recovered to 188bp, after closing at 191bp on Tuesday and 199bp on Monday.

One and a bit days of recovery was enough to tempt Suez Environnement to ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

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: or find out more online here.