News EU banks have sold €14.9B of unsecured debt in the first 10 days of January - more...

|By:, SA News Editor

News EU banks have sold €14.9B of unsecured debt in the first 10 days of January - more than the entirety of H2 2011 - may be less than meets the eye. First, banks have to roll €800B in 2012 so the sales hardly make a dent. Second, it appears the issuance has been mostly limited to Scandinavian, Dutch, and U.K. banks.