ING strategists say US corporates could issue as much as €120bn of euro-denominated credit in 2026, a record high. They cite a cost advantage in the euro credit market versus dollar markets as the driver. ING adds that €120bn of issuance should not unduly strain market liquidity or crowd out European issuers.

2026-07-13

ING strategists say US corporates could issue as much as €120bn of euro-denominated credit in 2026, a record high. They cite a cost advantage in the euro credit market versus dollar markets as the driver. ING adds that €120bn of issuance should not unduly strain market liquidity or crowd out European issuers.