Secondary CLO volume jumps past 2016 average
US CLO trading volumes last week topped the average level seen in 2016, as low supply of new issuance drove investors to the secondary market.
According to FINRA TRACE data, about $458.7m of CBOs, CDOs and CLOs have been out for bid in the secondary market as of January 13. This includes $375.66m of investment grade CLOs, according to TRACE data cited by Brean Capital in a note on Tuesday.Alongside CLOs, the ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com