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 (6th – 12th December)
December 13, 2021
US primary markets saw an increase in issuances over the prior week to $36.5bn vs. $22.6bn in the prior week. IG issuances rose to $30bn vs. $19.1bn in the prior week, led by Merck’s jumbo $8bn five-part deal and JPMorgan’s $2.35bn issuance. HY issuances rose to $5.2bn vs. $400mn in issuances in the week before led by SouthWestern Energy’s $1.15bn deal and Vistra Corp’s $1bn. In North America, there were a total of 23 upgrades and 19 downgrades combined across the three major rating agencies last week. LatAm saw $2bn in issuances vs. nil issuances in the prior week led by Pemex’s $1bn deal while Bance de Chile and Alsea SAB raised $500mn each. In South America, there was 1 upgrade and 14 downgrades each combined across the major rating agencies. EU Corporate G3 issuance rose marginally to $17.5bn vs. $11.3bn in the week prior with Roche Holdings raising $6bn via a three-trancher and ABN Amro’s $2bn two-trancher. Across the European region, there were 27 upgrades and 30 downgrades across the three major rating agencies. The GCC saw $199mn in issuances vs. nil issuance in the previous week with Emirates NBD raising $125mn. Across the Middle East/Africa region, there were 2 upgrades and no downgrades across the three major rating agencies. APAC ex-Japan G3 issuances were at $3bn vs. $2bn in issuances in the week before led by Greenko’s $1bn deal and Westpac’s €750mn deals. In the Asia ex-Japan region, there were 6 upgrades and 14 downgrades combined across the three major rating agencies last week.
Go back to Latest bond Market News
Related Posts:
The Week That Was (Oct 4th – 11th)
October 11, 2021
The Week That Was (11 – 17 Oct 2021)
October 18, 2021
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.