Hot debt periods
This article does not cite any sources. (April 2007) (Learn how and when to remove this template message)
This article needs additional citations for verification. (April 2007) (Learn how and when to remove this template message)
In the theory of corporate finance, the name of Hot debt period is given to periods of time when new debt issues by corporations are very common, and generally coincide with periods in which the interest rate is low, and the risk premium on corporate debt issues is low, giving these new bonds high prices. It is the debt equivalent of hot equity periods which generally refers to periods where many firms are making IPO's.