Providing fresh evidence that the bond and loan markets are converging, Standard & Poor's says its bank loan rating system is beginning to flourish.

The agency has evaluated some 64 bank loans since July 1. Thirty-three of those ratings were issued during November and December - three more than the 31 bank loan ratings Standard & Poor's made public during the previous four months.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.