Greece, Portugal no problem for euro FIG, say bankers

08 May 2011

Talk around Greece’s debt sustainability and Portugal’s bail-out package was not a big factor in a surprisingly quiet start to the week for FIG markets, syndicate bankers told EuroWeek on Monday morning.

“Nobody cares about the news in Portugal and Greece,” said one FIG syndicate banker. “The market is holding up just fine. There’s nothing there that’s going to surprise anyone or give them anything they haven’t thought of already.”

There were no announcements for senior unsecured or subordinated euro denominated ...

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