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US issuers rejoice as buyers pour out cash.

Authors :
Robinson, Danielle
Source :
Euroweek; 5/12/2006, Issue 953, p1-10, 2p, 1 Chart
Publication Year :
2006

Abstract

The article reports on the confidence of buyers to spend money in corporate bond issues in the U.S. One of the factors that influenced buyers to pour out cash is the rise of first quarter earnings. Bear Stearns, Citigroup and Lehman Brothers have added $500 million in the bond issue of Wells Fargo after launching the deal. The bonds of Countrywide Financial which was rated at Baa2/A has attracted strong demand from investors.

Details

Language :
English
ISSN :
09527036
Issue :
953
Database :
Complementary Index
Journal :
Euroweek
Publication Type :
Periodical
Accession number :
21180229