Monday, 11 June 2007

Global Bond Sales Drop for First Time in 5 Years in 1st Quarter, BIS Says

(Bloomberg) -- Global net bond sales fell 2 percent
in the first quarter to $866 billion, the first time they've
declined for five years, the Bank for International Settlements
said.

Early repayments contributed to the decline as issuers
worldwide redeemed $682 billion of bonds in the first three
months of the year, a 12 percent increase compared with 7 percent
growth scheduled, the BIS said in its quarterly review of the
financial markets, published today.


Read more at Bloomberg Bonds News

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