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Banks drive massive high-grade bond market
Monday was second-busiest day of 2015 by number of trades, with 12 deals that raised US$14 billion
Add BT as a preferred sourcePublished Tue, Aug 11, 2015 · 09:50 PM
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New York
FINANCIAL institutions pushed the US high-grade bond market to its second-busiest day of 2015 by number of trades on Monday, as 12 deals raised US$14 billion - most of it for banks.
Banks in all tapped the market for close to US$10 billion, and it was Barclays that stole the show, selling its first-ever 30-year trade in dollars.
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