You are here

US corporate bond sales surge on positive job data

Issuance limited to investment-grade borrowers as China stock meltdown, weaker US equities and oil plunge still cloud outlook

Some US$9 billion of securities were sold on Friday, up from US$3.5 billion on Thursday. Kroger raised US$1.1 billion of debt.

New York

CORPORATE bond sales in the United States surged on Friday as blue-chip companies jumped at the opportunity to take advantage of data showing resilience in the job market.

About US$9 billion of securities were sold, up from US$3.5 billion on Thursday, according to data

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom