2026开年债市火爆！全球单日发行规模达610亿美元

Group 1 - The global dollar bond market issuance reached $61 billion on Monday, indicating strong investor demand for credit, which may encourage issuers to increase supply early in the year [1] - At least nine borrowers in Asia, including Japan's Resona Bank and Agricultural Bank of China, are promoting dollar bonds, with Monday's issuance being the largest since January 6, 2025 [1] - The yield on global high-grade dollar corporate bonds is approximately 4.8%, with borrowing costs remaining stable despite rising geopolitical risks following the unexpected capture of Venezuelan President Nicolás Maduro by the U.S. military [1] Group 2 - The surge in issuance highlights market confidence in the global economy at the beginning of the year, a typically busy period for corporate and government financing [3] - Twenty issuers, including Japan's two major banks, sold bonds in the U.S. high-grade bond market on Monday, achieving an average subscription rate of over three times the issuance size [3] - Morgan Stanley strategists predict over $2 trillion of U.S. investment-grade debt will enter the market this year, driven by corporate AI expansion projects, upcoming debt refinancing, and acquisition financing [3]