Cover story

For the first time since the euro sovereign crisis, pension funds are buying long dated corporate bonds

Stress will force managers to evaluate workout strategies including debt-to-equity swaps

Issuers smashed records this week and Thursday’s US CPI figure was a further boon — but lingering uncertainty is among factors casting doubt over whether the frantic pace of issuance can continue

Austria among those to pass first examination but market awaits eurozone govvie bond giants as funding needs expected to rocket

New capital requirements for leveraged finance could put banks at a disadvantage

Some say about time, while others warn it is too soon

European private debt managers optimistic over fundraising rebound in 2023, though pipeline will require M&A rebound

Spreads will widen next year, say bankers

Aggressive withdrawal of central bank support set to reprice sovereign and covered bonds in 2023

Fossil fuel companies seen as changing faster are feeling the benefit in pricing

Easing inflation, slowing rate rises and stabilising spreads should encourage issuers to return

Property sector woes prompt distressed debt makeover