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People and MarketsMarket News

European markets resilient but it’s safety first in primary

volatility_PA_575x375_17April2020

European capital markets have continued to function well during the coronavirus crisis, according to a report released on Monday by the Association for Financial Markets in Europe (Afme). However, in terms of primary market activity, the industry body’s data shows quite how sharply issuance has skewed towards investment grade, with riskier debt and IPO markets closed off.

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