Euro Issuance Tops US Dollar Funding for FIG Market

The FIG market is eyeing euro issuance as the most attractive funding source, but not at any cost. The US dollar market remains open in size, making it a viable option for borrowers. Atanas Dinov, Flynn Nicholls, and David Rothnie reported that the single currency stands out as the preferred choice.

The euro's appeal is likely due to its relatively low interest rates compared to other currencies. This makes it an attractive option for companies looking to raise funds without breaking the bank. However, it's worth noting that issuers are being cautious about taking on too much debt.