Euro investors seeking yield stoke HY market

By Richard Metcalf
31 Jul 2014

High yield transactions made up 25% of the volume of euro-denominated corporate bond transactions priced so far this year, compared to 20% during the same period in 2013, according to Dealogic data.

Sub-investment grade bonds have only once before made up a quarter of corporate bond issuance in the first seven months of the year, in 2011.

High yield corporate issuance reached €49.4bn from January to the end of July this year, up on the €33.2bn priced in the same ...

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