Credit

Bond market performance in 2019 has been dominated by a theme of central banks pivoting towards easier policy. In particular, the US Federal Reserve has signalled potential interest rate cuts, marking a meaningful shift compared with the hiking cycle of the past three years (Figure 1). This has been a driving force behind double digit returns in many sectors of the bond market in the first half of the year.

EDF signed two €300 million sustainability-indexed revolving credit facilities (RCF) which incorporate a pricing adjustment based on EDF’s sustainability performance linked to CO2 emissions and energy efficiency.

Today Euronext, the leading pan-European exchange in the Eurozone with more than 1,300 listed issuers, launched a €500 million, 10-year bond issue, rated by S&P “A-”, with an annual coupon of 1.125% and listed on Euronext Dublin.

The Finish independent asset manager Evli remains very positive on Nordic corporate bonds risk-return profile. With a strong experience on this market, Evli offers to highlight through this news flash the characteristics and the quality of this fixed income segment.

To achieve long-term returns comparable to those of investment-grade credit but with a consistently lower level of risk, CPR AM has chosen to combine the DTS risk measure with a rigorous specific risk control and structural sources of return to enhance performance...