The past few months have been full of frustration for Hong Kong’s debt bankers. Aside from the stifling heat and incessant downpours, deal flow has virtually ground to a halt since Federal Reserve chairman Ben Bernanke first uttered the word “tapering”, an eventual reduction in asset purchases by the US central bank.
過去幾個月讓香港從事債券業務的銀行家們倍感受挫。除了天氣熱得讓人窒息、大雨傾盆之外，美聯準(Federal Reserve)主席班•柏南奇(Ben Bernanke)說出的「逐漸縮減」那幾個字，更是導致債市交易近乎停滯。「逐漸縮減」是指美國央行最終開始縮減資產採購規模。
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