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Tuesday Corporate Bond Issuance Twice All of August

PIPELINE

Partly seasonal, a return from summer market malaise, coupled with expectation the Federal Reserve is at or at least near the end of it's tightening cycle has reignited corporate bond issuance. Tuesday saw the busiest session for corporate issuance in approximately two years, $39.85B in one day just over twice all of the month of August. LINK to Tuesday's issuance list.

Wednesday's pipeline:

  • Date $MM Issuer (Priced *, Launch #)
  • 09/06 $2B #AIIB (Asian Infrastructure Investment Bank) 3Y SOFR+41
  • 09/06 $1B #Nordic Investment Bank WNG +2Y SOFR+19
  • 09/06 $Benchmark IADB 10Y SOFR+48
  • 09/06 $Benchmark TD Bank 5Y SOFR+92a
  • 09/06 $Benchmark Nippon Life 30NC10

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