# Global Bond Issuance Growth Slows in 2027

> S&P Global Ratings predicts global bond issuance will grow at its slowest pace in five years in 2027 due to rising interest rates and Middle East war uncertainties.
- Title: Global Bond Issuance Growth Slows in 2027 · The Economic Times
- Summary: S&P Global Ratings predicts global bond issuance will grow at its slowest pace in five years in 2027 due to rising interest rates and Middle East war…
- Keywords: s&p global ratings, global bond issuance, interest rates, middle east war, debt issuance, 2027, money, business, Global, Bond, Issuance, Growth
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/bonds/global-bond-issuance-set-to-grow-at-slowest-pace-in-five-years-in-2027-sp-global-ratings-says/articleshow/135237268.cms
- Author: Reuters
- Published: 2026-10-27T14:12:00+00:00
- Read time: 1 min
- Topics: s&p global ratings, global bond issuance, interest rates, middle east war, debt issuance, 2027, money, business
## S&P Global Ratings Forecast
S&P Global Ratings said global bond issuance will grow at its slowest pace in five years next year.
## 2027 Growth Rate
Global bond issuance is expected to rise by 2.7% in 2027, down from this year's 12.2% growth rate.
## Key Factors
Higher interest rates and Middle East war uncertainties could curb issuers' appetite for borrowing.
## 2026 Market Size
Global bond issuance is expected to hit $11.7 trillion in 2026.
## Hyperscaler Impact
Hyperscaler bond issuance nearing $300 billion in 2026, AI-related capex expected to top $1.3 trillion next year.
## Market Challenges
Rising interest rates clash with massive capex funding needs, potentially testing investor and issuer nerve.
## China's Role
China likely to remain a source of issuance growth due to declining sovereign bond yields.
## Key takeaway

S&P Global Ratings forecasts global bond issuance will grow by 2.7% in 2027, the slowest pace in five years, as higher interest rates and Middle East war tensions reduce borrowing demand.