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May Issuance Review

PIPELINE
No new issuance on Friday's shortened pre-holiday weekend session. Last week's total high-grade issuance of $37.9B put May at $159.125B -- well off May 2020 total of $270.9B.
  • March still leads 2021 with stellar $232.62B high-grade corporate issuance vs. $275.48B for Mar 2020. Q1'21 ahead last years pace $618.03B vs. $548.16B.
May'21$159.125B
Apr'21$183.4B
Mar'21$232.62B
Feb'21$157.86B
Jan'21$227.55B
2020 Recap:Record $2.196T

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