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Bond issues freeze as panic spreads across global markets

It's gloom across all asset classes and all markets though the IPO market in Europe is seeing some activity

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Issuers largely steered clear of primary markets last week, sidestepping the ongoing panic that has pushed numerous equity indices into bear market territory and sent the rouble and Mexican peso to record lows.

London

ISSUERS largely steered clear of primary markets last week, sidestepping the ongoing panic that has pushed numerous equity indices into bear market territory and sent the rouble and Mexican peso to record lows.

The dead week will be worrying for a banking industry that