Sovereign worries slow Swiss market
After a storming week last week, with rare issuers at every turn, the Swiss franc market has slowed down. And thanks to renewed eurozone volatility and a gyrating basis swap, the market may soon close up for the year. Landshypotek AB slipped out a covered bond on Monday, picking up a healthy Sfr200m, but syndicate bankers are already hitting the slopes. To see if there’s anything ahead to tempt them back to town, read EuroWeek on Friday.
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