Spain debt markets

Private debt

Gross issues could grow 8% in 2023 to €830 B; with corporate issues rising 20%, banks up 1%

Santander Corporate & Investment | The rally in the secondary market will boost the primary market. This is a phenomenon which is not new. There are clear examples in 2009, 2012, 2019 and the second half of 2020, where the improvement in the markets translated into increases in gross issues of 115%, 78%, 37% and 17% respectively. We believe this pattern could be repeated in 2023, above all during a…