End of a transatlantic love affair?

Opinion - Louise Purtle


Europeans may have become disenchanted with many things about the US during 2003, but one thing they did not lose was their ardour for US corporate bonds. It was part of a broader love affair. According to Federal Reserve data, offshore holders now own nearly one-fifth of outstanding US corporate debt and are second only to the US insurance industry in their holdings.

Nowhere has the increase in demand been more noticeable than in continental Europe. Between 1995 and 2000, the annual volumes rang

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: