Banks Tie More CLNs to Companies Than Governments

Our page 1 this week: Global sales of credit-linked notes this year are basically flat, but what’s being sold is more often tied to corporates than sovereigns. And inside: The leading structured product sellers according to the latest Greenwich Associates survey, Bill Pang on Toyota’s issuance plans for the future, and sales of U.S. notes tied to the Brazilian real jump as the currency posts a strong year-to-date performance against the dollar.

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