Moody’s: Short-term refinancing to grow in 2025
A report from rating agency Moody’s, has found that the proportion of US non-financial investment-grade corporate bonds needing refinancing within five years has grown...
The election effect: Issuance in an election year
Looking at Dealogic data for debt issuance over the past four year tenures of US presidents, it is notable how much the macro picture,...
UK government debt issuance soars
The latest report from the Association for Financial Markets in Europe (AFME), looking at European government bond markets, found that €1 trillion of bonds...
Ongoing effect of CSPP on European credit markets
Europe has seen considerable growth in credit issuance this year relative to 2023, with last week finding a 116% year-on-year increase in non-financial high...
Money markets begin to tail off as rates fall
Reviewing the second quarter activity in primary markets and fund flows, we see the total notional outstanding in US fixed income totalled US$45.3 trillion,...
The Book: Expectations for common European debt issuance
A report by Mario Draghi, former European Central Bank president, looking at paths forward to improve the European Union’s competitiveness, has found a solid...
The Atlantic divide over high yield – is private credit biting?
Issuance of USD versus Euro high yield debt shows a significant split, based on Dealogic data, with US markets in 2024 issuing more than...
Key trends in emerging markets debt issuance in 2024
Emerging market debt is seeing the effects of government reforms in both democracies and autocracies this year, with stability being the watch word for...
US credit issuance tailing off over summer?
June 2024 has seen US corporate bond issuance levels only slightly higher than those seen in June 2023, after record levels at the start...
Sustainable bond issuance now 12% of total market
A report co-authored by Nicholas Pfaff, Valérie Guillaumin, Simone Utermarck, Ozgur Altun and Stanislav Egorov of the International Capital Markets Association (ICMA), has found...