The cost of credit protection for European telecoms continued to tighten this week, led by France Telecom and boosted by an S&P upgrade for the Netherlands' KPN yesterday. Elsewhere in Europe, spreads remained tight with little movement, including those of European banks HSBC, Société Généralé and BNP Paribas, which all issued new bonds yesterday.
Source: Risk magazine | 06 Dec 2002
Categories: Credit Derivatives
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