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Companies rush to issue bonds to forestall market volatility ahead of US election

Corporate borrowers bring forward financing plans to avoid uncertainty of Biden-Trump rematch in November
November’s likely presidential election rematch between Joe Biden and Donald Trump has added urgency to corporate borrowing efforts

Companies are rushing to meet their financing needs before the US election this year, in a bid to get ahead of potential market volatility in the final stages of the presidential race.

Corporate borrowers have issued $606bn worth of dollar bonds so far this year, according to data from LSEG, up by two-fifths compared with the same period in 2023 and the highest total since at least 1990.

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