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2019/10/07 / Erste Group Research

Special | EUR Corporate Hybrids

Seit Jahresbeginn erzielten Investment Grade (IG)-Hybridanleihen mit einem Gesamtertrag von 11,2% Outperformance gegenüber vorrangigen IG (+7,2%)- und High Yield (HY; +8,0%) Anleihen. Die Durchschnittsrendite von Hybridanleihen mit IG-Rating liegt auf einem Rekordtiefstwert. Sie sank im Jahresverlauf von 3,9% (31.12.2018) auf 1,8%. Trotz Handelskonflikten verzeichneten auch Hybrids aus dem Automobilsektor (VW, Volvo) starke Wertentwicklungen.

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General information

AuthorErste Group Research
Product nameCredit News DE
Topic in focusCredits/ Corporate bonds
Economy in focusEurozone
Currency in focusEuro
Sector in focus-
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