Intl Bonds-Autos rise in slim trade, convertibles lead issuance

Newswire

LONDON, May 22 (Reuters) - European corporate bonds rose slightly in price on Thursday, stemming a recent slide, while issuance was led by convertible bonds. The FTSE Euro Corporate Bond Index showed investment-grade corporate bonds in euros yielding an average 93.8 basis points more than similarly-dated government bonds at 1520 GMT, 0.4 basis points lower on the day. Auto bond prices rose, with yields falling on bonds from Ford , General Motors and Volkswagen . "The one real performer ...

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