The iron team examines developments in the German SME bond market on a semi-annual basis and surveys issuing houses about their forecasts for future market developments.
SME bond market in the first half of 2025
In the first six months of 2025, the German SME bond market remained stable and receptive in an environment marked by geopolitical tensions and economic uncertainty.
You can obtain our analysis results free of charge here:
SME BONDS STUDY H1 2025 (PDF)
The corresponding press release can be found under Insights.
Analysis of the full year 2024 & outlook for 2025
The complete study is available free of charge here:
SME BONDS 2024 STUDY AND OUTLOOK FOR 2025 (PDF)
The corresponding press release can be found under Insights.
Sustainable SME bonds
An analysis from June 2024 takes a closer look at terminology, standards, and ratings for sustainable bonds. The most important findings can be found in the expert article"Sustainable bonds: classification, market development, and orientation".
