Back to storiesMarketsGlobal Highlights

Global bond issuance set to grow at slowest pace in five years in 2027, S&P says

By Editorial Desk1 min read
Global bond issuance set to grow at slowest pace in five years in 2027, S&P says
S&P Global Ratings expects global bond issuance to rise by just 2.7% in 2027, a stark decline from this year's growth, as rising interest rates and geopolitical tensions weigh on borrowers.

Global bond issuance is expected to rise by a mere 2.7% in 2027, marking a stark decline compared to this year's growth, according to S&P Global Ratings.

The ratings firm points to increasing interest rates and geopolitical tensions as the forces behind the slowdown.

That cooling comes against a backdrop of heavy funding needs. With both governments and firms facing heightened funding needs, borrowing appetites may wane, S&P Global Ratings said.

For investors, the combination points to a market where supply grows more slowly but demand for funds stays high, a mix that could keep pressure on yields and on the pricing of new deals.

Related topics & keywords

  • #bonds
  • #issuance
  • #interest rates
  • #sp global ratings
  • #geopolitical risk

Related Stories

View all news →