| Finland scouts out the international market |
Bankers praise the way Finland has reacted to what initially seemed the problem of a declining domestic investor base in the wake of entry to the eurozone – it became more responsive to international demand.
As bigger sovereigns face more concern over their public finances, some smaller countries such as Finland have found that the rules have changed dramatically. The relative importance of credit has increased and investors are no longer quite so fixated on the liquidity of very big issues.
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