Bloomberg: issuers issued a record volume of bonds at the beginning of the year
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In the first two weeks of January, a record volume of bonds was issued around the world – for $ 585 billion, this is the maximum for the entire time of such calculations, which the agency has been conducting since 1999, and 4% more than last year, the agency reports. Bloomberg. The previous record for this period was set in 2020 at $562 billion.
Analysts explain the record volume of bonds issued by both corporate and sovereign issuers by raising interest rates by the world’s leading central banks, which are thus trying to fight inflation.
“The growing activity in the bond segment has a pretty strong foundation, in our view, especially when it comes to investment-grade markets,” Omar Slim of brokerage PineBridge Investments told Bloomberg. to speed up the world economy, thus reducing some of the pressure that some developing countries are now experiencing.”
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