Secondary volumes down, prices up in Q4

11 Feb 2011

Secondary trading volumes in the European loan market in the fourth quarter of 2010 were down 38.2% year-on-year to Eu14.75bn, according to a European loan volume survey carried out by Markit.

Although aggregate volume for 2010, at Eu71.6bn, was slightly larger than the total for 2009 — Eu64.9bn — quarterly volumes have decreased consecutively since the first quarter of 2010.

Market participants said that sovereign concerns in Europe had initially contributed to the decline in volumes.

"The drop in the ...

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.