Hospital bonds have gained 9.1 percent this year, while healthcare bonds have gained 9.5 percent. Currently, they are the best-performing revenue instruments in the municipal market, according to the report.
Standard & Poor’s and other financial agencies expect the big gains to continue, as the Federal Reserve plans to keep interest rates at historic lows, which will invite investors to add riskier, higher-yielding bonds like hospital and healthcare debt.
The interest rate spread between AAA-rated securities and BBB-rated securities in August fell to 1.1 percent, the smallest spread since 2008, according to the report.
More Articles on Hospital Bonds:
18 Hospitals With Tax-Exempt, Fixed-Rate Bond Issues in Past Month
Reviewing This Summer’s Hospital Bond Markets: Q&A With Pierre Bogacz, Co-Founder of HFA Partners
Riskier Hospital Bonds Attract Yield-Seeking Investors
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
