Investment grade

Secondary market liquidity

The euro investment-grade liquidity survey is traditionally a close-run affair, and this month doesn't disappoint, with JPMorgan just keeping its nose ahead of the chasing pack in both categories - bonds it has brought to market, and all bonds. Although the US bank is tied with Deutsche Bank for first place in the 'all bonds' category, with 40 points apiece, JPMorgan wins by way of more first-place votes. In the 'own bonds' category, JPMorgan pips an improving Citigroup by a mere two points.


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