Sustained Financial Supply Expected in June, Outpacing Previous Years
Aa
Share
Financial supply to remain at elevated levels in June
Financials supply was also substantial in May, totalling €33bn, although not to the same levels as corporates. The last week of May, however, saw a skew towards more financials supply. We expect financials supply will continue to come at significant levels over the coming few of weeks. YTD supply is still running ahead of previous years, now sitting at €163bn.
