Quotes of the month

“The good news is that the euro market is quite flexible, compared to the dollar market, which focuses primarily on three-year, five-year, 10-year and 30-year maturities. In euros, you can issue six-year, eight-year, nine-year benchmarks and investors don’t even blink”

Pierre Blandin, global head of SSA DCM at Crédit Agricole CIB, discusses the EU’s extraordinary funding ambitions

“Covid is calling us all to really reflect on our mission and why we were created”

Angela Rodell, chief executive of the Alaska Permanent Fund Corporation, says that the current crisis should prompt all sovereign wealth funds to assess their core purpose

“It’s a cheaper option these days to bus around NPLs from one site to another, hoping that by diluting them, they will disappear.