Friday, 21 June 2013

Syndicated lending back in style - The National

"With bond markets convulsing, syndicated loans - which fell out of favour because of low yields on offer from capital markets - are back in style.

But interest rates are expected to rise in 2015 following comments from the US Federal Reserve chairman, Ben Bernanke, spelling an end to the central bank's quantitative easing policy.

US 10-year treasury bonds sold off sharply following the announcement, with Dubai and Abu Dhabi bond yields also rising yesterday. Bond yields move in the opposite direction from price."

'via Blog this'

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