Nordic Corporate Bond Market Report 2024
Presented by Nordic Trustee and Stamdata
In a year shaped by the impact and uncertainty of the U.S. presidential election, elevated market volatility, and persistent high-interest rates, the Nordic corporate bond market achieved a noteworthy turnaround. Recovering after two years of consecutive decline, the market reached EUR 120bn in total outstanding volume – a 6.5% growth compared to the prior year.
Selected key takeaways from the report:
- Nordic new issuance volume grew 60% year-over-year
- Norway and Sweden remain the largest bond markets in the Nordics
- The Nordic market default rate kept rising, as in 2023
- Green bond new issuances increased by 123% in the region
- ESG bonds made up 35% of Nordic new issuance volume
- The Nordic HY index delivered a 13.9% return
This report presents key developments in the Nordic corporate bond market, based on aggregated data from Nordic Trustee, Stamdata, and Nordic Bond Pricing. While the report highlights significant findings derived from the data, it refrains from interpreting or speculating on the underlying causes driving these trends.
For a more in-depth analysis tailored to your specific needs, visit Stamdata.com or contact us directly. Additionally, if you’re interested in corporate ESG statistics, we encourage you to explore our new website, nordicesg.com, and read the inaugural edition of our Capital Market ESG Report.