2026 Debt Capital Markets Outlook

About this episode

Patrick Dabiet and Fadi Attia discuss the key forces shaping debt capital markets in 2026.

In this episode of Market Points, Patrick Dabiet, Managing Director and Co-Head of Canadian Debt Capital Markets and Government Finance, and Fadi Attia, Managing Director and Head of U.S. Debt Syndication, discuss the key forces shaping debt capital markets in 2026 for issuers and institutional investors. Drawing on a record 2025 for issuance, they examine why liquidity and demand remain robust despite heavy supply and what this means for execution across the curve. The discussion highlights key issuance drivers including hyperscalers, M&A, and refinancing activity in an environment defined by policy uncertainty, geopolitical risk, and evolving dynamics across U.S. and Canadian markets.

People in this episode

Guests: Patrick Dabiet, Fadi Attia

Topics covered

• debt capital markets
• issuance drivers
• liquidity
• geopolitical risk
• policy uncertainty

Keywords

• debt capital markets
• issuance
• liquidity
• M&A
• refinancing
• geopolitical risk
• policy uncertainty

Mentioned in this episode

Organizations: Scotiabank Global Banking and Markets

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