Credit Agricole and BNP enfolded by debt sales

Note: This section contains information in English only.
Source: Bloomberg

BNP Paribas SA and Credit Agricole SA, the leading French corporate bond distributors predict slowdown for 2012 as both companies have managed to attract the least amount of capital in second half of 2011 since 2007. The turnover of bonds issued by French firms had declined 22% from July 1. The bond market may tumble even more as S&P considers the downgrading of France.

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