Mixed response to ECBC market-making decision
This morning saw an uneven response to the ECBC’s decision on market-making announced on Friday, with some banks failing to follow the decision fully. Reports are coming in of some banks offering tickets of only up to Eu5m or Eu10m. Some market participants also noted a lack of willingness to offer prices on US covered bonds in some quarters.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: