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Euro Credit Supply: Supply continues at a strong pace
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Issuers continue to come to the primary market in full force with another heavy month of supply in May
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Euro Credit Supply: Supply continues at a strong pace
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US Dollar Credit Supply: Supply continues at a strong pace
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Euro Credit Supply: Summer lull shapes corporates and banks’ July supply
The slowdown in Euro credit supply during July reflects the traditional summer lull, which manifested in a significant drop to €17 billion in issuance from €52 billion in June, highlighting sector disparities with utilities and TMT leading growth. Per the full note [source], while net supply remained steady with redemptions balancing new issues, tight spreads contributed to robust primary demand with year-to-date issuance at €308 billion, 11% ahead of last year. This environment could pose implications for EUR liquidity, especially if the momentum in corporate issuance does not accelerate post-summer.