Economy & Business - December 2011 (ISSN 1741-7430)
DEBT: Bond issuance falls to lowest level since 1998
Internationally 2011 has been one of the worst years for international bankers since 1998. They arranged new international loans (credit and bonds) worth only US$142bn in the third quarter, which was the second lowest figure for 13 years. Only the final quarter of 2005 was worse.
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