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Thanh: My battery's about to run out virilix
What’s more, all this supply has been well received, with most deals 3-5 times subscribed. Most issuers have offered significant concessions to their existing bond curves, recognising these prices as still being extremely cheap. Another reason is that investors have cash in hand — they are receiving $8.6 billion worth of interest payments and amortisations this month. Cash balances in investment portfolios have risen for four straight months to almost 4 percent, JPMorgan’s monthly investor survey shows.