Corporate bond sales in Europe expected to fall in 2013

12/2/2012 | Bloomberg

A rush of companies taking advantage of record low interest rates in 2012 means that Europe is likely to see a falloff of as much as 37% in private debt issues in the new year, according to Harpreet Parhar, a strategist at Credit Agricole. Looking ahead to 2013, companies see a less friendly credit market if the austerity-burdened continent's recession deepens as well as political uncertainty heading into elections in Germany and Italy.

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