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S&P Global Ratings predicts steady bond issuance this year

Other News Materials 5 April 2024 09:26 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 5. International S&P Global Ratings agency expects global bond issuance growth rate of 4.3 percent, Trend reports.

According to the forecast, green bonds will continue to dominate the sustainable finance market; nevertheless, S&P Global Ratings anticipates an increase in the diversity of bond types and the degree of involvement in such issues in various areas by 2024.

Despite global macroeconomic uncertainties in several major regions, the agency expects GSSSB issuance to rise from $0.98 trillion in 2023 to $0.95-1.05 trillion in 2024.

The issuance of transition and blue-chip bonds in the GSSSB market is expected to expand in 2024.

The agency believes that issuers in middle- and low-income countries will seek to increase their share of GSSSB issuance given their significant unmet financing needs.

The agency forecasts that GSSSBs' share of the securities market will reach 14 percent in 2024

S&P Global Ratings, among the foremost international rating agencies, specializes in evaluating the creditworthiness of companies, nations, and financial instruments, furnishing risk assessments crucial for investment and lending determinations, operating as a subsidiary of S&P Global, a prominent international financial services corporation renowned for its analytical research endeavors.

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