Mood turns uneasy after tough FIG week

摘要

After months of ebullience, the sharp downturn in European FIG primary activity has left market participants concerned how upcoming supply will be digested by investors. Only two covered bonds and one sub-benchmark senior non-preferred issue priced last week, taking the tally to a mere €1.25bn - the slowest week for financial issuance in the single currency so far in 2019.