Research & Analytics
01Cross Sector
Fitch Wire
Our dedicated platform for short, timely thought leadership and opinions that cover the most important events and themes in the global credit markets.
Credit Outlooks
Our annual comprehensive commentary series includes key trends in a market sector or region, as well as credit sensitivities and assumptions for the coming 12 months.
Peer Comparison
This global series compares relative strengths and weaknesses of individual issuers in specific sectors, and key rating drivers.
Rating Reports
Full reports on the credit profile of individual issuers, including key rating drivers, rating sensitivities, financials with adjustments, forecasts, group structure, and peer analysis. These reports are updated annually and on an event-driven basis.
Transition & Default Studies
Published annually, these reports highlight the asset classes with the most and fewest rating upgrades and downgrades, identifying trends and expectations for the future.
What Investors Want to Know
Based on interactions with investors, this report series provides other investors and market participants with insight into current credit market activity.
02Asia Pacific
APAC Watch Reports
These reports offer comprehensive overviews of sectors in the Asian markets, including: monthly overviews of developments in the Chinese property and Auto markets; bi-monthly overviews of developments in the Chinese Corporate Bond Market; and overviews of developments in different Asian markets (e.g. Indonesian property, Asian crude palm oil, Indonesian retail, APAC thermal coal, Malaysian power).
China Blue Books
These in-depth reports provide insight into key credit aspects of Chinese corporate sectors, including Corporate Bond Markets, Big Five Independent Power Producers, the Power Sector, and Automotive Sector.
Credit at a Glance
This report series summarizes rating actions and key trends for corporate issuers in Asia.
Asia Corporate High-Yield 50
Fitch Ratings has launched a peer group of the top 50 Asian high-yield corporate issuers, and simultaneously released a compendium containing rating rationales, key credit drivers, rating sensitivities, and debt structure diagrams for these 50 names.
03Banks
Bank Quarterlies
Our U.S. bank quarterlies provide in-depth analysis of earnings, margins, loan balances and asset quality.
Banking System Datawatch
A periodic publication of spreadsheets with key data from banks' statutory accounts, which chart developments in key figures for the related banks. Published biannually: EM banks, Mainland China banks. Published monthly: Russian banks. Published quarterly: Kazakh banks, Turkish banks.
Chart of the Month
Monthly banking charts that feature selected topics covered in a brief, concise format, illustrating recent developments.
Global Bank Rating Trends
A semi-annual overview of bank rating trends, which also provides information on drivers of rating actions.
Macro-Prudential Risk Monitor
This bi-annual report updates the systemtic risk indicators Fitch has been publishing since 2005, and identifies potential stresses in banking systems.
Financial Research
Regulatory Research reports are annual regulatory primers which also include special reports on accounting and prudential standards and commentary on the latest regulatory developments.
04Corporates
Corporate View
This report series summarizes trends across US, EMEA, APAC, and LATAM corporates in addition to forecasts and quarter-on-quarter evolutions for all sectors.
Sector Handbook
Provides an in-depth analysis of Fitch’s rated portfolio across key global and regional corporate sectors, with assessments of broader sector challenges as well as individual issuers.
Sector Spotlight
These reports provide deep dives into individual issuers, along with key themes and scenario analyses.
Special Reports & Topical Commentary
Timely commentary on news and events with implications for corporate credit markets, including FX and liquidity reports and scenario analysis.
05Emerging Markets
Banking System Datawatch
A periodic publication of spreadsheets with key data from banks' statutory accounts, which chart developments in key figures for the related banks. Published biannually: EM banks, Mainland China banks. Published monthly: Russian banks. Published quarterly: Kazakh banks, Turkish banks.
Global Economic Outlook Forecast
This quarterly series reports on the current economic situations as well as our forecasts for major emerging market countries, including Brazil, China, India, Indonesia, Korea, Mexico, Poland, Russia, South Africa and Turkey.
20/20 Vision
These quarterly reports tracks high-frequency macroeconomic data for the 33 countries in JP Morgan's Next Generation Market Index. Covering five years of historical data, the information has been harmonized as far as possible across all countries to facilitate comparisons.
06Latin America
LatAm Comparative Statistic Book
Published annually for Latin American corporates, these reports include a list of key financial indicators and median ratios by rating category and address issuers’ coverage, leverage, investment and capital structure credit metrics.
LatAm Corporate Credit Indicators
An overview of quarterly credit trends by country, supported by quarterly macro-economic data.
07 Insurance
Regional Life, Property and Casualty Insurance and Reinsurance Dashboards
These dashboards feature comparisons of various insurers, as well as insights on the potential credit implications.
Global Reinsurance Guide
Published annually, the Global Insurance Guide provides reinsurance brokers, security committees and reinsurance investors with the latest research on the global reinsurance sector.
U.S. Cyber Insurance
An annual report that features key market trends for US cyber insurance, based on changes in market growth, market share, and underwriting performance.
US Hurricane Season- Annual
An annual desk reference for insurance investors detailing forecasts and analysis on the potential effects of a major storm season on large insurers and the wider industry.
08Leveraged Finance
Annual Manual
Quantifies and summarizes the major factors driving risk and opportunities for market participants in the leveraged finance sector.
Bankruptcy Studies
These annual reports provide unique analysis and commentary on security performance in bankruptcy case studies, including restructurings and liquidations, DIP rating criteria analysis, valuation summaries and default drivers.
EMEA High-Yield Index
A quarterly market overview and distressed credit analysis, which also contatins "bonds of concern" list.
Fitch Credit Opinion Term Loan List
List of issuer and issue-level credit opinions on nearly 500 public borrowers.
Fitch 50 Issuer Handbook
This annual handbook (in U.S. and Latam editions) includes credit summaries of 50 of the largest leveraged finance issuers, in addition to capital structure analysis with detailed organizational debt diagrams, rating rationales and key credit drivers.
Leveraged Loan Chart Book
Based on Fitch’s portfolio of private credit opinions, and private and public ratings on Leveraged Credit, this quarterly chartbook includes data on loan performance, as well as recent trends in issuance, maturities and default rates.
Leveraged Loan Default
This monthly report is a compilation of leveraged loan and high-yield bond defaults on a trailing 12-months basis, rating distributions by sector, historical pre-petition and emergence trading levels in broadly syndicated loan markets.
High-Yield Default Insight Report
This monthly report presents default and recovery developments in the U.S. high-yield bond market and analyzes credit availability indicators and issuance trends.
U.S. Leveraged Spotlight Series
This collection of best-in-class company reports includes in-depth credit analysis on high-profile U.S. leveraged issuers with significant amounts of debt and/or complex capital structures.
09International Public Finance/SSA
Special Reports & Topical Commentary
Timely commentary on news and events with implications for the International Public Finance and SSA sectors, including scenario analyses, liquidity reports and other key statistics.
10Structured Finance
ABCP Scorecard
This annual compendium of Fitch-rated ABCP details key credit factors, structural support features, protection mechanism, outstanding amounts and other key attributes for each of the program.
Learn MoreU.S. RMBS Trends Reports
U.S. RMBS Surveillance
U.S. Credit Card ABS Tear Sheets
Chinese Structured Finance
11CLO & Structured Credit
CLO Asset Manager Handbook
Published annually, this handbook provides a consistent framework for evaluating and benchmarking CLO asset managers against each other.
CLO Index
These indices provide CLO market and performance updates, including trends in key metrics, i.e. credit enhancement levels, weighted average spread by vintage and failures, OC cushions, CCC baskets, diversity scores, second-lien exposure, and cash balance by vintage watchlist and defaulted assets.
CLO Presale Reports
These transaction-based rating reports provide insight into all Fitch-rated CLO vehicles.
CLO Tracker
These quarterly reports provide comprehensive information on the Fitch-rated CLO universe, as well as with deal average statistics and trends, in excel and chartbook formats.
Global CLO Chart Book
A quarterly chart book detailing new CLO issuance commentary, CLO manager ranking based on number of deals & AUM, CLO collateral, and credit metrics.
Global CLO Market Trends
This quarterly recap provides insight into CLO market trends and drivers as well as CLO manager updates.
U.S. Middle Market CLO Snapshot
These quarterly snapshots provide detailed information on credit metrics across middle market, Fitch-rated CLOs, including average WAS, WARF, WARR cash balances and OC cushions. Analysis into CLO manager performance and credit quality, recovery ratings, industry concentration, and portfolio diversity are also included.
12Covered Bonds
Covered Bond Surveillance Snapshot
APAC Covered Bonds Quarterly
13Sovereigns & Economics
20/20 Vision
The 20/20 Vision chart pack offers a unique graphic snapshot of economic developments across 20 major economies – developed and emerging – to assess global economic prospects and global macro risks.
Frontier Vision
These quarterly reports track high-frequency macroeconomic data for countries in JP Morgan's Next Generation Market Index. Covering five years of historical data, the information has been harmonized as far as possible across all countries to facilitate comparisons.
Global Economic Outlook
Forecasts, analysis, and macro research, led by Chief Economist Brian Coulton.
China Perspectives
China Perspectives series is a regular discussion on the latest credit market and economic developments from China with experts from both within and outside of Fitch Ratings.