National champions: your FIG market needs YOU

07 Jun 2010

Now it gets serious. The shutdown of the senior unsecured bond market is in danger of hitting every financial institution, not just the lower tier credits, and the longer the market remains shut the more investor sentiment is soured.

National champions need to take the lead in restoring confidence by following the covered bond market’s example and getting some deals out there.

While national champion banks claim they are well funded and in no particular hurry to rush back to the senior unsecured bond market there will come ...

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