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2024/09/18 / Erste Group Research

Turnaround in interest rates boosts primary market

Fed: Interest rate cut of 25 bps expected on Wednesday (today).

ECB: After last week's 25bps cut, we expect further rate cuts in October and December.

Corporate spreads tightened in response. The primary market remains very dynamic. Companies – including many in the HY segment – are able to successfully refinance or extend their maturity profile as investor demand remains high. Issuances that have been held back so far are now being executed.

Special topic of the week:
- Austria’s gas supply in transition

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General information

AuthorErste Group Research
Date2024/09/18
Languageen
Product nameCredit News
Topic in focusCredits/ Corporate bonds
Economy in focusAustria, Eurozone
Currency in focusEuro
Sector in focus-
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