Corporate bond supply went from a trickle to a flood over the course of last week, culminating in a six-deal day on Thursday that brought back memories of the market's peak in March in terms of volume if not price. Weak equity markets at the start of the week meant it was an uncertain start but with a few companies successfully testing the waters, it turned into a stellar week in which 11 issuers raised €7.75bn between them; and there could be more to come this week. "I would be cautious comparing the current environment to March, but it is certainly the best market since the beginning of Q2 when the Greek issues first started to make an impact," said Marco Baldini, head of European corporate and rates syndicate at Barclays.
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