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Watch: Europe’s Reverse Yankee credit boost
ING's Credit Analyst, Timothy Rahill on why we're seeing a record number of so-called Reverse Yankee deals, where American corporations borrow in euros rather than dollars.
And we've written much more on this here.
Europe’s Reverse Yankee credit boost
Reverse Yankee issuance has increased massively in the past few weeks. That's when US credit issuers come to the European market to issue a Eurobond. And we're forecasting $85bn of Reverse Yankee issuance this year, the second highest on record. ING's Credit Analyst, Tim Rahill, explains just what's going on and explains why credit markets seem to be taking all this in their stride.
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This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more
This publication has been prepared by ING solely for information purposes irrespective of a particular user's means, financial situation or investment objectives. The information does not constitute investment recommendation, and nor is it investment, legal or tax advice or an offer or solicitation to purchase or sell any financial instrument. Read more
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