We use cookies to improve your experience. By using BondbloX, you agree to our use of cookies.
Bond Market News
The Week That Was (13-19 April, 2026)
April 20, 2026
US primary market issuances surged to $60.9bn vs. $22bn in the week prior to it. IG issuers took up $42bn of the total, led by $10bn multi-tranche deals each by BofA, JPMorgan and Morgan Stanley. HY deals stood at $18.9bn, led by Meridian Arc’s $5.7bn deal and Talen Energy’s $4bn two-part issuance. In North America, there were a total of 26 upgrades and downgrades each, across the three major rating agencies last week. US IG funds saw $85mn in inflows during the week ended April 15, reversing the $1.32bn outflows seen during the week before that. US HY bond funds saw $2.8bn in inflows during the week, adding to the $807mn inflows seen in the prior week. This is the largest inflow in junk funds since the week ending 25 June 2025.
EU Corporate G3 issuances rose to $35.3bn vs. $28.8bn a week earlier. EDF’s $2.75bn three-part issuance led the tables, followed by Caixabank’s $2bn and UniCredit’s €1.75bn two-part deals. The region saw 23 upgrades and 16 downgrades across the three major rating agencies. Last week, the GCC dollar primary bond market saw $4.8bn in new deals as compared to $2.8bn in issuances seen in the prior week, with Abu Dhabi and Kuwait’s $2bn deals each, followed by Al Rajhi Bank’s $750mn deal. In the Middle East/Africa region, there were 4 upgrades and 9 downgrades across the major rating agencies. LatAm issuances stood at $2.2bn vs. $722mn in new deals in the week prior led by Sociedad Transmisora’s $630mn issuance and Minerva Brazil’s $600mn deal. The South American region saw no upgrades and 5 downgrades, across the three major rating agencies last week.
G3 issuances from the APAC ex-Japan region last week stood at $9.4bn vs. $1.6bn a week prior to it. Whitehaven Coal’s $1.35bn three-part issuance and NAVER Corp’s $1.9bn multi-currency deal led the tables, followed by Korea’s €750mn issuance and Chinalco’s $800mn deal. In the APAC region, there were 5 upgrades and 3 downgrades across the three rating agencies.
Go back to Latest bond Market News
Related Posts:
Our Awards
BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.