Bond markets see a flow for borrowers before Trump's imposition of customs duties
Borrowers are flowing on bond markets to complete transactions before US President Donald Trump’s plans to impose international customs duties on April 2. The exporters are using the relative calm of the market this week to close the sales suspended due to the fluctuations over the past few weeks, reports bankers familiar with the matter. Some of them stressed that they wanted to continue with the transactions before imposing potential fees, and asked not to reveal their identity. Bloomberg’s data has shown that more than 40 lenders have entered the European primary market so far this week, the largest number in three days since January. On Wednesday’s offers, it included the issuing of hybrid effects of the “Unibail-Westfield’s” business, and the Morocco government also raised funds in preparation for the FIFA World Cup, and high-yields of ‘Itelyum’ for recycling. Trump announces ‘Liberation Day’, Trump promised a comprehensive statement on customs duties next Wednesday and described it as ‘liberation day’ against commercial partners who have long been accused of ‘utilizing’ the United States. The fine details remain unclear, but this will include mutual fees for countries that impose fees on US goods. The rise to avoid more fluctuations in attracting 17 lenders to the European market on Wednesday, in an effort to acquire a minimum of $ 9 billion ($ 9.7 billion). This will increase the total debt for this week to more than 32 billion euros, corresponding to most expectations in the Bloomberg poll. The countdown to the next round of Trump’s customs duties increased the activity in the Asia -Pacific credit market, with the promotion or statement of more than 12 exporters on Monday on dollar bonds. In the United States, this week, with 16 investment companies, benefited from the good situation of priceing more than $ $ $ 30 through 30 segments.