IGM Global Credit Snapshot - June 2024 I By Gavin Kendrick
Key Takeaways:
- Europe: Issuance dropped to EUR81.761bn, the lowest since October 2023. Political uncertainty led to the year's lowest cover ratios and highest NICs.
- APAC: Issuance surged from USD5.7bn in early June to USD31.584bn later. NICs rose but stayed low; cover ratios weakened.
- US: Ex-SSA issuance hit USD102.675bn, beating all estimates. June marked the fifth time in a decade surpassing USD100bn, with industrials and FIG leading.
Please complete the form below to access the IGM Global Credit Snapshot - June 2024 for FREE!