US high -
yield bond issuance totaled $ 27.5 billion in December, up from $ 25.6 billion in November, according to KDP Investment Advisors.
High -
yield bond issuance slowed to $ 13.9 billion in February from $ 23.8 billion in January, according to KDP Investment Advisors.
On the subject of junk debt, in the first two quarters of 2014, European high
yield bond issuance outstripped U.S. issuance for the first time in history, with 77 % of the total represented by Greece, Ireland, Italy, Portugal, and Spain.
Her practice includes representing financial sponsors, corporate borrowers and various lenders on a wide range of transaction types, including leveraged acquisition financings, high -
yield bond issuances, asset - based revolving credit facilities, complex restructurings, debtor - in - possession and exit financings and investment - grade, unsecured financings.
Not exact matches
So, it is a very different market than it was 10 years ago, and you're going to see a lot of corporate
bond issuance as these infrastructure projects go out there, and you can capture some pretty good
yields and you know what you're buying because it's a corporate
bond.
Total
issuance of leveraged loans and high
yield bonds is down by nearly $ 140 billion this year compared to 2014, to about $ 575 billion.
This is why as soon as WeWork, the US shared office space company, said it wanted to issue $ 500 million of high
yield bonds, we saw morale perk up and investors dive into the new
issuance.
Higher retail sales, higher home prices, and general economic strength should generate more revenues for municipalities, which could also mean reduced
issuance of new
bonds and lower muni
yields for investors.
FRA: Chris, on your article you mentioned there could be downward pressure on long - term
bond yields as the U.S. treasury concentrates future debt
issuance on the short - term majorities.
CORPORATE FINANCING NEWS High -
yield corporate
bond issuance and trading have slowed considerably in the face of uncertainty about Federal Reserve monetary policy, at a time when chairman Ben Bernanke is about to hand over the reins to Janet Yellen,...
Issuance of investment - grade corporate
bonds picked up in early March in a receptive market, as investors sought higher
yields than were available on safe - haven Treasury
bonds.
Analysts at Moody's Investors Service Middle East in Dubai say the
issuance is credit positive for Saudi banks because their profitability will benefit from the transfer of their large, low -
yielding reserves of cash and placements from the Saudi Arabian Monetary Authority and other banks to higher -
yielding government Islamic
bonds.
HIGH -
YIELD ISSUANCE Issuance in the high - yield bond market totaled $ 34.4 billion in October, the third - highest monthly total for the year to date, behind the record $ 44.6 billion in September and $ 37.2 billion in February, according to KDP Investment Advi
YIELD ISSUANCE Issuance in the high - yield bond market totaled $ 34.4 billion in October, the third - highest monthly total for the year to date, behind the record $ 44.6 billion in September and $ 37.2 billion in February, according to KDP Investment A
ISSUANCE Issuance in the high - yield bond market totaled $ 34.4 billion in October, the third - highest monthly total for the year to date, behind the record $ 44.6 billion in September and $ 37.2 billion in February, according to KDP Investment A
Issuance in the high -
yield bond market totaled $ 34.4 billion in October, the third - highest monthly total for the year to date, behind the record $ 44.6 billion in September and $ 37.2 billion in February, according to KDP Investment Advi
yield bond market totaled $ 34.4 billion in October, the third - highest monthly total for the year to date, behind the record $ 44.6 billion in September and $ 37.2 billion in February, according to KDP Investment Advisors.
The aggressive
issuance plan allows Mexico to improve liquidity and consolidate dollar
bond yields.
Even in a world where short - term interest rates will continue to rise as the Federal Reserve raises policy interest rates (most likely 2 — 3 times next year) and where long - term rates should rise slowly as the Fed lets its balance sheet shrink, tax - free
yields should either stay the same or move down as the municipal
bond world confronts a market with much less
issuance.
Despite the shortfall, the government has hailed the performance of the ESLA
bond issuance which it said
yielded almost 80 % of their expectation.
Of note, the new Chinese muni
bonds were priced tight at
issuance and they continue to trade at tight credit spreads above the sovereign
bond yields.
A
bond with a «Put option» works in exactly the opposite manner, wherein the investor can sell the
bond to the issuer at a specified price before its maturity if the interest rates go up after the
issuance and the investor has other, higher -
yielding investment options.
An obvious culprit for the move in
bond yields is the country's record fiscal deficit, which will generate a massive amount of new government
issuance.
Indeed, a broad swath of high -
yield bonds that includes smaller
issuances has steadily performed better than an index of the biggest, most - traded notes tracked by passive funds.
If interest rates fall after the
issuance of a
bond, the price of the
bond will rise (so the
yield on that
bond will be comparable to other similar
bonds in the marketplace).
In a year of record corporate
bond issuance from low cost / easily available financing in an environment where investors are looking anywhere for high -
yield returns, corporates are under performing.
Coupon rates for each
issuance of Savings
Bonds are determined such that the return over an investor's investment period is linked to long - term Singapore Government Securities (SGS)
yields.
Vedanta's US$ 1.0 billion
bond issuance due in July 2022 has been awarded «Best High - Yield Bond» by two leading financial publications, FinanceAsia and The As
bond issuance due in July 2022 has been awarded «Best High -
Yield Bond» by two leading financial publications, FinanceAsia and The As
Bond» by two leading financial publications, FinanceAsia and The Asset.
The
issuance of corporate high -
yield bonds can have several advantages over equity.
Rule 144A
issuance In recent years, growing shares of new high -
yield bonds have been issued under Rule 144A.
The advantage of a semi-annual interest payment is also more attractive to some investors, not to mention the fact that the
yield at maturity is known at the time of purchase (if the
bond is held until maturity and rates determined at the time of
issuance).
While this is partly due to the «Trumpflation» effect of rapidly rising
bond yields, it also signals they're tweaking what they can to compensate for less MBS
issuance.
«U.S. real - estate developers are joining the largest wave of local debt
issuance on the Tel Aviv Stock Exchange
bond trading platform since 2007, capitalizing on
yield - starved investors to obtain financing.»