Hybrid bonds see high returns

08/19/2013 | Bloomberg

Hybrid bonds from European companies, sold with the purpose of increasing debt and protecting credit ratings, are performing strongly this year, according to Bloomberg data. About 75% of hybrid securities sold in 2013 are trading above their price at issuance, compared with 67% of noninvestment-grade debt and 39% of newly issued high-grade debt.

View Full Article in:

Bloomberg

Published in Briefs: