Eurozone companies tap bond market for funding

Businesses across the Eurozone are compensating for the slack in the banking sector by piling into the bond market.

Debt issuance has seen a record start to the year as businesses cut back their reliance on ailing banks for loans, reports FT.com.

Weak bank lending to the region’s businesses and households has been fuelling concern over the sluggish pace of recovery for the Eurozone.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.