摩根大通:并购融资潮下长期债券发行规模萎缩

智通财经
Oct 06
【摩根大通:并购融资潮下长期债券发行规模萎缩】摩根大通分析师纳撒尼尔・罗森鲍姆与西尔维・曼特里在周一研报中称,9 月美国投资级公司债发行中,期限超过 10 年期的品种仅占 12.4%,为 1 月以来最低,远低于全年 17.7% 的均值。美国国债收益率大幅上行造成该占比下滑,尽管市场迎来大量并购相关发债。并购融资规模环比 8 月大增 64%,达到 610 亿美元,创 2026 年新高。与此同时,9 月所有新发行投资级债券相对到期债券的票息利差扩大至 255 个基点,为 2023 年 11 月以来最高。

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