Tags: junk | bonds | credit | risk

Junk Bond Sales Surge to 10-Week High as Credit Risk Declines

Friday, 12 Jul 2013 06:53 AM


Fiat SpA and Continental AG led the busiest week of junk-rated bond sales in Europe for 10 weeks as credit risk fell to a one-month low.

Sales surged to 3 billion euros ($3.9 billion) this week from 500 million in the previous period, according to data compiled by Bloomberg. Corporate debt risk in the region fell for a third week, heading for the biggest decline in 10 weeks.

© Copyright 2015 Bloomberg News. All rights reserved.

Around the Web

Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.

You May Also Like
Around the Web
Most Commented

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

© Newsmax Media, Inc.
All Rights Reserved