This site uses cookies to provide you with a great user experience. By using BondbloX, you accept our use of cookies.
Bond Market News
The Week That Was (19-25 Jan, 2026)
January 26, 2026
US primary market issuances stood at $28.6bn vs. $61.6bn in the week prior to it. IG issuers took up $15bn of the total, led by the PNC Financial Services’ $3bn three-part deal, followed by Truist Financial’s $2.85bn three-trancher and US Bancorp’s $2.25bn two-trancher. HY deals stood at $13.3bn, with volumes led by Asurion Group’s $3.3bn issuance and Albertsons Cos’ $2.1bn two-trancher. In North America, there were a total of 28 upgrades and 13 downgrades, across the three major rating agencies last week. US IG funds saw $3.1bn in inflows during the week ended January 21, adding to the $2.2bn inflows seen during the week before that. US HY bond funds saw $1.4bn in outflows, adding to the $372mn outflows seen in the prior week.
EU Corporate G3 issuances stood at $24.9bn vs. $47bn a week earlier. Volumes were led by Banijay Group’s €3bn three-trancher and BMW’s €2.8bn four-trancher. The region saw 22 upgrades and 14 downgrades across the three major rating agencies. Last week, the GCC dollar primary bond market saw $3.6bn in new deals with Saudi Arabia raising $2bn followed by Saudi Arabian Mining Co’s $1bn deal. In the Middle East/Africa region, there was 1 upgrade and downgrade each across the major rating agencies. LatAm saw $2.4bn in new deals led by CFE’s $1bn issuance and BTG Pactual’s $750mn issuance. The South American region saw no upgrades and 1 downgrade, across the three major rating agencies last week.
G3 issuances from the APAC ex-Japan region last week stood at $9.9bn vs. $10.7bn led by Korea’s $3.2bn five-trancher and Philippines’ $2.75bn three-part deal, followed by Westpac Banking Group’s $1.5bn two-trancher. In the APAC region, there were 4 upgrades and 7 downgrades each across the three rating agencies.
Go back to Latest bond Market News
Related Posts:
BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.