US high-grade bond supply of US$20bil expected this week


JPMorgan may be the next big bank to issue debt, according to Arnold Kakuda, senior financials credit analyst at Bloomberg Intelligence.

NEW YORK: Investment-grade bond supply is expected to remain steady this week as companies are enticed by tight spreads and strong investor demand.

Syndicate desks are calling for US$15bil (RM63.14bil) to US$20bil (RM84.19bil) of fresh high-grade securities, with a greater percentage to come from corporate issuers after last week’s supply was dominated by banks.

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Bonds , yields , JPMorgan , Wells Fargo , Citigroup ,

   

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