EDITION 5
Janus Henderson
Corporate Debt Index
The Corporate Debt Index is a long-term study into trends in company indebtedness around the world, the investment opportunities this provides and the risks it presents.
![JHSDI_magnifying-glass_header-image JHSDI_magnifying-glass_header-image](https://cdn.janushenderson.com/gwp/uploads/sites/4/JHSDI_magnifying-glass_header-image_en.png)
![chart line icon](https://www.janushenderson.com/wp-content/uploads/sites/4/Corporate_Debt_Index_edition_4_1.png)
Companies paid a record
US$458bn
in interest in 2023/24,
up 24.4% year-on-year
![chart line icon](https://www.janushenderson.com/wp-content/uploads/sites/4/Corporate_Debt_Index_edition_4_2.png)
Higher
interest
costs consumed
one eighth (12.4%)
of operating profits
in 2023/24
Janus Henderson
expects borrowing levels to continue to rise in 2024/25 but at an even slower pace,
up by 2.5% to a record US$8.38 trillion
All figures in US dollars, unless otherwise stated. As of December 31, 2024
Glossary
Bond | A bond is parcel of debt. By buying a bond, investors give money to a borrower, usually for a fixed term and for a fixed rate of interest. Bonds can be bought and sold on financial markets, and the value changes over time with varying market conditions. |