To what extent has the greed of the financial markets damaged the notion of the market economy and freedom in Europe and beyond? We should be very conscious of the fact that certain behaviour in the markets has caused considerable irritation. That includes the size of certain bonus payments. This has shocked the public on both sides of the Atlantic.
In view of this, the underlying tone of private banks’ lending remains sluggish. Meanwhile, the growth rate of amount outstanding of corporate bonds issued is recently rising slightly. The amount outstanding of CP issued is well above that of the previous year and marking the highest level to date, reflecting the favorable environment for issuing CP.