1423 GMT - Coupon payments are likely to be reinvested in the new euro-denominated credit market, offering it support, Goldman Sachs credit research analysts say in a note. Euro investment-grade bond coupon payments are likely to reach 47 billion euros ($52.6 billion) for the remainder of 2025, while euro high-yield bond coupon payments are projected at 15 billion euros, the analysts say. "This would be enough to absorb 65% of euro IG net supply and more than the entirety of the 14 billion euros of incremental euro high-yield net supply that we expect for the remainder of the year." (miriam.mukuru@wsj.com)
(END) Dow Jones Newswires
May 16, 2025 10:23 ET (14:23 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.