Obi-Wan Kenobi
/ 178.36.20.* / 2010-06-02 11:36
Rynek pozyskiwania pieniędzy przez korporacje zaczyna zamierać, po tym jak EBC zapowiedział konieczność dalszych ogromnych odpisów
w bankach.
The market for corporate bond sales closed as concern European banks will take more writedowns and losses led investors to shun all but the safest government debt.
No companies issued bonds in the U.S. yesterday, compared with $2.2 billion on the corresponding day following the Memorial Day weekend in 2009, according to data compiled by Bloomberg. In Europe, 1.35 billion euros ($1.66 billion) was raised from two sales of covered bonds, versus 6.5 billion euros a year earlier, Bloomberg data show.
The global new issue market failed to revive after declining to $70 billion last month, less than half of April’s tally and the least since August 2003, Bloomberg data show. The European Central Bank forecast that financial institutions will have to write off 195 billion euros of bad debts by 2011, according to a biannual report published May 31.