Can you Say: “Høyrenteobligasjoner”: Analyzing the Norwegian Junk Bond Market

With average yields reaching above 30%, there Norwegian bond market is crystallizing those fundamental human emotions that drive Wall Streets everywhere – Fear and Gear.

The question for investors, both current and prospective, is which of these companies will live and which will not. By way of review, the Norwegian bond market played a very large role in supplying the capex required to build drill rigs and a sprawling armada of vessels to service the burgeoning oil exploration and production industry. Since then, oil prices have collapsed from $150 into the $30s and many project once thought to be sure things with a $65 marginal cost are suddenly in question and rates on all sorts of equipment are coming down.

Norwegian Bond Market – At a Glance
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