November U.S. bonds top $100 billion
Issuance of U.S. investment grade bonds is expected to reach $100 billion this month, according to Dealogic.
Issuance of U.S. investment grade bonds is expected to reach $100 billion this month, making it the second most profitable year ever, despite the continued fallout from the credit crisis.
U.S. investment grade issuance totaled $80 billion in December, according to a report by Dealogic, an investment banking research provider, according to a Financial News report.
This year’s issuance of $701 billion in investment-grade bonds has surpassed last year’s total volume of $662 billion.
The busiest month this year was May, when $107 billion of investment grade bonds were sold, according to Dealogic.
The report also estimated that there would be $20 billion of issuance in the U.S. high-yield market this month, making it the second-busiest month since May.
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