Sunday, September 2, 2007

issuance of corp bonds in August

--Supply ground to a near halt in the U.S. junk-bond market in August, declining 96% to $245 million from last August's $7.1 billion, according to Dealogic. For as long as Dealogic has kept data, since 1995, supply has never dipped this low in the U.S. high-yield market -- even in January 1995 supply was more than twice that high, at $685 million. --In the safer investment-grade corporate-bond market, volumes more than doubled to more than $36 billion in August from last year's $16.1 billion.

No comments: