Euro corporate bond record amid rush for cheap money

Busiest third quarter on record as investors shun summer holidays to be at their desks

Euro-denominated corporate bonds hit their best third quarter on record this year boosted by issuers bringing forward next year’s funding to exploit the low cost of finance.

The €92bn of issuance recorded by data provider Dealogic - up 238% on the same period last year - outstripped the previous €80.9bn high achieved in the same period in 2009.

WSJ Logo