S&P sees 2027 global bond issuance growth at 2.7%
In short
S&P Global Ratings said global bond issuance is expected to grow just 2.7% in 2027. That would be the slowest pace in five years, and weaker than this year.
Higher interest rates and geopolitical tensions are part of the reason. Governments and companies still need to borrow a lot, but it is not clear which markets will slow most.
What the reporting says
S&P Global Ratings said global bond issuance is expected to rise 2.7% in 2027, a slower pace than this year and the weakest in five years. The outlook cited higher interest rates and geopolitical tensions as headwinds, while governments and firms still face heavy funding needs. The immediate implication is that borrowing appetites may weaken, but the source does not say which regions or sectors will be hit most.
Why it matters
S&P Global Ratings said global bond issuance is expected to increase by 2.7% in 2027, the slowest pace in five years. The report pointed to rising interest rates and geopolitical tensions, while noting that governments and companies still have elevated funding needs. The immediate market implication is softer borrowing demand, but the reporting does not identify specific issuers, countries, or sectors.