Warning default rates to rise in UK corporate bond market as issuance trebles to nine-year high
Issuance rose to £22.1bn in 2017/8
Warning default rates to rise in UK corporate bond market as issuance trebles to nine-year high
The risk of rising default rates in the UK corporate bond market is set to increase as issuance of the debt the trebled to a nine-year high last year, according to specialist debt adviser Hadrian's Wall Capital.
Data from the firm shows there is a historical correlation between the level of corporate bond issuance and default rates, and when issuance rises this tends to reflect in defaults. For example, the...
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