The Market Backdrop For European Credits Remains Favourable

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 30, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The market backdrop for European credits remains favourable. Last week saw further inflows in both European investment grade and high yield funds. The ECB’s CSPP continued with daily purchase volumes of c. EUR300m, while new issue supply remained light (EUR7bn in IG and zero for HY). The new issues that[​IMG]

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