Big US banks pull back from CLO primary market to preserve cash

By Hugh Minch

Thursday, August 06, 2020

CLO triple As have tightened substantially in recent weeks to tights of 155 basis points in the primary market - but sources say the big US banks that typcially invest in these bonds are not buying

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TAGS: Asia JP Morgan CLO Citi Wells Fargo Norinchukin Primary market North America

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