CORPORATES

摘要

Corporates continued their relentless assault on the bond market last week, but a tired investor sentiment prevailed by the close of the week following the heavy glut of January supply. Corporate investment-grade issuance has surpassed €25bn so far this year, the highest year-to-date volume in at least six years, according to IFR data. "I can't blame investors for being fatigued; there's a lot of upcorm'ng political risk combined with heavy supply - it's understandable that they would be more selective and price-sensitive," one banker said.