Tag: credit

$26Bn in monthly resets and $6Bn in private credit issuance hit all-time highs; BB prices up 3 points Guest Speaker: Jonathan Insull & Edward Vietor, Nassau Global Credit Primary Market “Large AAA buyers are seeing their books pay down rapidly as...

US MM Reset volumes reach $4.8 billion, the highest since September 2021; BWIC posted volumes reach LTM lows; only $1.3Bn reported as traded Guest Speaker: Josh Soffer, Prospect Capital Management Primary Market “The environment is better. The arb improved over the...

Monthly TRACE volumes are highest since 2020, with BWIC volumes climbing above LTM averages. New issue supply is at the record highs. BWIC Volumes US BWIC volumes increased above LTM averages, but the share of traded volumes is lower than...

With the 2023 behind us, we review the CLO market major trends: 10% decrease YOY in US CLO BWIC Volumes AAAs dominate tradingAAA tranches constitute 53% of US BWIC volumes Equity trading increased by 27% YOY Junior mezzanine continues to show...