Financials: safe as houses

Credit of the month


For much of 2003, buy- and sell-side credit analysts have been warning that the corporate bond markets are pricing in good news that they have yet to receive. This has also been true of the financial sector where investors, struggling to find other sectors to be overweight in, have been marginally positive on banks and insurance debt, especially those with higher yield.

There have been some signs of improvement in European financials: HVB is selling assets to reduce debts, and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here