market trends – Page 5 – KopenTech Blog

12/29/2021

KopenTech Year End CLO Review

Primary issuance skyrockets in 2021 2021 top ten Issuers and Arrangers New Issue AAA Spreads:Reinvestment end > 3 years TRACE volume of $140 Bn falls short of 2020 record Most liquid tranches: BBs with 17% and BBBs with 14% of...

Electronic Trading

12/15/2021

Opal CLO Summit Takeaways

At the Opal CLO Summit, KopenTech participated in several panels. Here are our takeaways from the conference: Strong issuance is likely to continue Amid strong primary issuance, CLO volumes outstanding topped $1 trillion in 2021. After a two-year hiatus, the...

Conferences/Electronic Trading

12/06/2021

CLO Secondary Market Trends: November 2021 Edition

BWIC Volumes November had a total of $4.3 billion listed on BWICs. This was the highest monthly volume for 2021, which brings the total 2021 YTD BWIC volume to $28.6 billion listed. The average volumes for the last 12 months...

CLO Market Trends/Electronic Trading

11/16/2021

Second Largest AAA BWIC in 7 years

A listing of 21 AAA securities totaling $818 million is coming up on BWIC on Tuesday, November 16, 2021. This represents the second-largest AAA BWIC day in the last seven years. The highest was October 8, 2019, having seen over...

Electronic Trading

11/05/2021

CLO Secondary Market Trends: October 2021 Edition

BWIC Volumes October BWIC volumes saw a large increase over September, with over $4.0 Bn posted and $3.7 Bn traded. Posted and traded volumes continue to be close with over 90% of posted BWICs trading, pointing to a robust demand...

CLO Market Trends

10/29/2021

CLO Equity Liquidity Rises

While October started out slow, the second half of the month saw over $660 million of equity in for the bid bringing the total to $780 million. Half of the volume has been this week with $348.5MM of CLO equity...

Electronic Trading

10/25/2021

CLO Equity is in for the Bid This Week

Investors are eyeing several sizeable CLO equity BWICs taking place over the next several days. Data from the KopenTech BWIC platform shows that over $100 million in CLO equity on Monday, October 25th, over $60 million on Tuesday, October 26th,...

Electronic Trading

10/13/2021

CLO Secondary Market Trends: September 2021 Edition

BWIC Volumes September BWIC volumes were muted, with posted BWICs totaling just over $2.0 Bn and traded at $1.8 Bn. Posted and traded volumes continue in close tandem, with over 90% of posted BWICs trading during September. This trend is...

CLO Market Trends

09/15/2021

CLO Secondary Market Trends: August 2021 Edition

BWIC Volumes August BWIC volumes dropped significantly in comparison to July. Posted and traded volumes were $1.55 Bn and $1.33 Bn, respectively. The trend of high ratio of successful BWICs continued in August. TRACE* Volumes Reported CLO trading volumes were...

CLO Market Trends

08/12/2021

CLO Secondary Market Trends: July 2021 Edition

BWIC Volumes July BWIC volumes dropped significantly in comparison to June. Posted and Traded volumes were $2.03 Bn and $1.83 Bn, respectively. We also saw a continuation of the trend of high ratio of successful BWICs continue in July. TRACE*...

CLO Market Trends

Tag: market trends

KopenTech Year End CLO Review

Opal CLO Summit Takeaways

CLO Secondary Market Trends: November 2021 Edition

Second Largest AAA BWIC in 7 years

CLO Secondary Market Trends: October 2021 Edition

CLO Equity Liquidity Rises

CLO Equity is in for the Bid This Week

CLO Secondary Market Trends: September 2021 Edition

CLO Secondary Market Trends: August 2021 Edition

CLO Secondary Market Trends: July 2021 Edition