Optimism driven by talk of monetary easing from central bankers has opened the floodgates to corporate borrowers in Europe. The total supply of nonfinancial corporate debt the past week is EUR17B, equaling the total for all of September in 2000 and getting the market on pace for the month's record of EUR26B hit in 2009, a level Societe Generale thinks should be hit by the middle of next week. "We are in a sweet spot for the primary markets, leaving it feeling like a sugar-rush-fueled issuance frenzy."
10 Sep 2012 12:52 EDT DJ Correction to Market Talk on European Corporate Bonds
"MARKET TALK: European Corporate-Bond Sales Spiked in Past Week," published at 11:44 a.m. EDT, incorrectedly referenced to September 2000 as the period the past week's sales activity had already topped. It should have said September 2010.
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