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Ex-Credit Suisse banker joins for debt structuring job
Opportunistic covered deals unearth demand at the very short end
◆ Floaters find demand as new quarter begins ◆ Quiet public market paves way for semi-private placements
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The short-term money market was a rare oasis of calm this week but commercial paper dealers differed on the extent to which that can be regarded as a healthy sign.
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A difficult start to 2016 has led public markets looking subdued at best. Issuers and investors alike are turning to the private placement market to get deals done.
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Banque Fédérative du Crédit Mutuel has come to market with 2016's largest medium term note (MTN) so far.
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Qatar National Bank priced its first Australian dollar deal on Tuesday.
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The International Finance Corporation printed its first medium term note in Chilean pesos on Monday.
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Credit Suisse has put two members of its medium term notes team at risk, including managing director and desk head Julie Edinburgh, GlobalCapital understands.