US Investment Grade Corps: Overwhelming Interest
Seven corporate issuers took to the US high-grade primary market on Monday to kick off a week that was expected to get an average $25bln in supply but now likely to end with much more.
Euro Corp Comment: Plenty of Demand Remains as Premiums Fall
Despite Thursday's blank the weekly euro corporate supply total ended up at a very decent EUR17.3bn courtesy of 17 borrowers (26 tranches) – which is the fourth largest weekly haul of 2020.
Mexico Suffering on all Fronts as Response to Covid-19 Leaves MXN Vulnerable
Mexico entered the Covid-19 crisis in a weak state. It was already contending with an economic slump and a decline in business confidence due to the policies pursued by President AMLO. The onset of the coronavirus has only made the picture more bleak.