The IMF has upgraded its economic forecast – expecting an “improvement” in the second half of this year. Issuers might want to consider issuing while good news abounds and sentiment is positive – as the risk of things being much worse than expected seem higher than the risk of things being far better than expected.

We have recently seen a wide range of positive voices on global growth from politicians to analysts. We have also had good news like China reopening, lower headline inflation rates and lower energy prices.

This said, there are still many risks – including around inflation, rates, earnings and market bubbles. It may be worth capitalising on current positive sentiment and locking in funding while it is available.