Speculative-Grade Corporate Bond Spread Continues Tightening

The U.S. speculative-grade corporate bond spread has tightened by 783 basis points since the beginning of the year, reflecting the rally in bond prices.

  • 05 Aug 2009

--Leela Parker

The U.S. speculative-grade corporate bond spread has tightened by 783 basis points since the beginning of the year, reflecting the rally in bond prices. The current spread stands at 844 bps over 10-year Treasuries, compared to 1,627 bps at the beginning of 2009, according to Standard & ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

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1 Citi 81,261.11 236 11.54%
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4 JPMorgan 53,570.42 158 7.61%
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