Pre-migration untagged articles
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SSA short term debt issuers could see one of their big sources of demand dwindle next year as money market funds on both sides of the Atlantic come under renewed pressure.
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The City of Malmö launched a Skr10bn ($1.5bn) EMTN programme on November 21 and will use its triple-A status to broaden its funding activities. Nordic issuers saw heavy investor demand for their paper during 2012, with the region viewed as a safe haven away from the troubled eurozone, something from which Malmö hopes to benefit.
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Dealers of private EMTNs: Non-syndicated deals for <= €300m excluding financial repackaged SPVs, GSE issuers, self-led deals and issues with a term of < 365 days
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Politicians do not like to take responsible, by which we mean unpopular now, decisions. That is why the best we can hope for from the US over Christmas is a firm punt of the fiscal cliff can to ensure it becomes someone else’s problem to rectify in the future.