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US high grade set to soak up $800bn in 2010.

Authors :
Verma, Siddharth
Source :
Euroweek; 11/20/2009, Issue 1131, p1-13, 2p
Publication Year :
2009

Abstract

The article reports that the high grade U.S. corporate bond supply worth 800 billion U.S. dollars is expected to meet strong demand in 2010. According to Hans Mikkelsen, credit analyst from the Bank of America Merrill Lynch, the demand is driven by cash from redemptions and coupon payments. He adds that an expected decline in issuance from banks will be offset by acquisition and equity financing in 2010.

Details

Language :
English
ISSN :
09527036
Issue :
1131
Database :
Complementary Index
Journal :
Euroweek
Publication Type :
Periodical
Accession number :
47570873