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Cat bond market yield up slightly in March, year-on-year coupon decline slims to 13%: Plenum

Catastrophe bond market yields rose slightly through the month of March 2026 as seasonal widening effects resulted in a higher risk spread or discount margin for cat bonds. Which slimmed the year-on-year decline in the coupon to around 13%, the latest data from Plenum Investments shows.  Cat bond risk spreads moved higher slightly in February and that trend continued in the final month of the first-quarter of 2026. [...]