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JPMORGAN: Here are our bond market awards for 2017





trophies

  • Each year, JPMorgan makes an annual tongue-in-cheek list of bond market awards.
  • The bank named Jay Powell the central banker the year while giving Janet Yellen the lifetime achievement award.
  • Check out all of the awards below.

JPMorgan makes an annual tongue-in-cheek list of bond market awards. Here it is for 2017…

Bond of the Year – Veolia 0% due 11/20. It’s not that a BBB-rated French company was able to borrow at ZERO percent, it’s that they actually charged lenders a premium for the privilege of holding their debt: 100.078 on the reoffer, or a negative yield to maturity of -0.03%! Either read more >>>

Source:: BusinessInsider.Com

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