Global Credit Market Sees Record $61 Billion Corporate Bond Issuance Amid Strong Investor Demand
The global credit market surged with $61 billion in dollar-denominated corporate bonds issued in a single day, marking the highest volume since January 2025. Asian borrowers dominated the activity, with Japan’s Sumitomo Financial Group and Mitsubishi UFJ Financial Group leading the charge. Resona Bank Ltd. and Agricultural Bank of China Ltd. also capitalized on the favorable conditions, marketing USD-denominated notes.
Despite geopolitical tensions—including the recent capture of Venezuela’s President Nicolás Maduro—borrowing costs remained stable. The average yield for high-grade global dollar corporate bonds held at 4.8%, reflecting robust investor confidence. Saudi Arabia’s $11.5 billion bond sale underscored strategic shifts, funding diversification projects with maturities spanning 3 to 30 years.
This issuance frenzy signals a bullish start to 2025, positioning it as a pivotal year for corporate and sovereign debt markets. The demand highlights institutional appetite for yield amid macroeconomic uncertainty.
