Debt bankers ‘trying not to get heads blown off’

20 Jun 2011

Debt bankers are adopting a wait-and-see approach to launching bonds this week, and were watching the overnight session in the US closely on Monday. But as long as markets remain relatively calm, it is likely that a few companies will brave the market this week, bankers said.

There are plenty of Asian companies ready to sell international bonds and the list only keeps swelling as poor secondary markets damage bankers’ ability to work through the backlog. But some bankers are very reluctant to launch new issues in a market that did not feature a single ...

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