FIG investors keep calm on UK risk ahead of Brexit election

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FIG investors keep calm on UK risk ahead of Brexit election

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The London headquarters of HSBC and Barclays banks, at Canary Wharf in east London. Many banks are moving assets from London to other EU cities in the face of uncertainty over Brexit. Picture date: Monday December 3, 2018. Photo credit should read: Matt Crossick/ EMPICS Entertainment. | Matt Crossick/Empics Entertainment

Participants in the financial institutions bond market have displayed calm in the run-up to the UK general election next week. A lingering credit premium for the country’s banks, to cover for risks related to Brexit and the economy, has left investors feeling comfortable about any likely outcome of the vote.

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