Bond issuance massive surges to meet QE demandRupert Hargreaves
The pace of global bond issuance has risen significantly this year according to JP Morgan’s September 30 Flows & Liquidity report. According to the report, net bond issuance stands at $2.5 trillion so far this year, up by almost $400 billion compared to last year’s total. This total excludes emerging market local debt but includes spread products – bonds issued outside central government. JP Morgan is forecasting a 55% rise in spread products supply for 2016 compared to 2015.
Bond issues surge to meet QE demand
The big increase in bond issuance has coincided with . . .
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