-
On September 9th, Hankook Tyre, a tyre maker with an investment-grade rating, issued 45 billion won-worth of three-year bonds at some 40 basis points (hundredths of a percentage point) above the average three-year bond yield in the secondary market.
ECONOMIST: South Korean bonds
-
Still, at current levels, the 2.7% yield is a worthwhile payout for a secondary-income holding.
FORBES: 5 Rocket Stocks Signaling 'Buy' This Week
-
Expectations are for an auction yield of around 3.32-3.39%, close to secondary market levels, said Barclays analysts.
FORBES: China Banks Struggling To Give Money Away; Equities Decline
-
That a reasonably significant cohort of the European high-yield market is coming up for its first-call this year has some effect on secondary market liquidity.
FORBES: Call Me Maybe? DFS Bond Issue Highlights Make-Whole Refinancing Opportunity
-
Turning from the secondary to the primary, this graph details new-issue volume for both leveraged loans and high-yield bonds.
FORBES: November 2012, European Leveraged Loan Market Analysis
-
The yield of 4.86% on notes maturing in May 2014 was, however, below secondary-market levels at the time of sale, according to Tradeweb.
WSJ: Europe Stocks Rise on ECB Comments
-
On the secondary market, where government bonds already in circulation are traded by banks and other financial institutions, the yield on 10-year bonds fell below 6%.
BBC: ECB's Mario Draghi unveils bond-buying euro debt plan