Pre-migration untagged articles
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The European covered bond market showed signs of recovery this week although primary issuance is still many days away, said participants. The sector ground to a halt last Friday after the news broke that Northern Rock had sought an emergency credit line from the Bank of England.
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Euro CMS investors returned to the MTN market this week as Barclays and Deutsche brought a combined Eu300m of 10 year floating paper (see main story).
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Norges Statsbaner and Coop Schweiz returned to the Swiss franc bond market this week to provide investors with credit unrelated to the mortgage and financial sectors.
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Do you have complete confidence in the financial services industry? Probably not, but what alternatives do you have apart from stuffing money in your mattress or burying a stash of small gold bars in your garden?