Look for:

Our offer for

Research Detail

2019/10/07 / Erste Group Research

Special | EUR Corporate Hybrids

Since the beginning of the year investment grade (IG) hybrid bonds have generated a total return of 11.2%, outperforming both senior IG (+7.2%) and high yield (HY; +8.0%) bonds. The average yield of IG rated hybrid bonds stands at a record low. It has declined from 3.9% (31 Dec. 2018) to 1.8% year-to-date. Despite the trade war backdrop, even hybrid bonds issued by car makers (VW, Volvo) posted strong gains.


PDF Download Download PDF (573kB)

General information

AuthorErste Group Research
Date2019/10/07
Languageen
Product nameCredit News
Topic in focusCredits/ Corporate bonds
Economy in focusEurozone
Currency in focusEuro
Sector in focus-
DownloadPDF (573kB) PDF Download



Accept

We use cookies and web analysis software to give you the best possible experience on our website. By continuing to browse this website, you consent for these tools to be used. For more details and how to opt out of these, please read our Data protection policy.

INFORMATION FOR PRIVATE CLIENTS / CONSUMERS

Any information, material and services regarding financial instruments and securities provided by Česká spořitelna/Erste Group/ or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites“) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions.

By agreeing to this hereto, the visitor entering this Websites confirms that has read, understood and accepted this Information and the Disclaimer