The loan market has responded to interest rate cuts in the main economies around the world and issuance in the Americas, EMEA and Asia-Pacific regions is on the way to having its best year since 2021, Dealogic data shows. The three regions combined have issued USD 4.01trn by the end of 3Q24, 25% over 9M23 (USD 3.194trn) and 5% over 9M22 (USD 3.804trn) figures.
The Americas remains the most prolific region for loans. Beyond historically having the highest overall issuance, it has experienced the most impressive recovery in 2024. The volume issued in nine months (USD 2.6trn) has already overtaken the issuance for the full year 2023 (USD 2.56trn). There’s also a 40% growth year to date, compared to January-September last year (USD 1.8trn). The volume is also 26% higher than the 2019-2023 nine-month average.
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