Dollar still mighty for SSAs
SSAs in Europe are increasingly comfortable with US dollar funding, even more so as demand for their paper increases as the risk of a eurozone break-up recedes. Borrowers here discuss the appeal of the dollar, the rise of central bank investor appetite and other key issues, such as the withdrawal from the market of UBS. Participants in the Daiwa/EuroWeek roundtable, which took place in London in May, were:
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