Corporates

GET OUR CORPORATE MARKET SUMMARIES STRAIGHT TO YOUR INBOX.  LEARN MORE

Investment Grade Corporate Bond Market Summary:
Week Ending 12/30/22

Our newsletter presents key trends derived from observable Corporate Bond pricing data over a weekly period.

Quick Links

Top 10 Performers

Showcases the top 10 IG Corp performers based on the largest bid price increases between 12/23/22 – 12/30/22

RANK BOND NAME COUPON MATURITY CHANGE PX PX-1W DEALERS
1 AOXGR 1.5 11/15/2027 1.50% 11/15/27 18.49% 85.13 71.84 10
2 COGARD 4.8 8/6/2030 4.80% 08/06/30 13.06% 52.54 46.47 20
3 SINOCE 4.75 8/5/2029 4.75% 08/05/29 8.74% 52.80 48.55 15
4 BRKHEC 4.1 9/15/2042 4.10% 09/15/42 7.82% 83.08 77.06 8
5 SECBEN 5.125 11/13/2026 144A 5.13% 11/13/26 4.90% 92.16 87.86 7
6 TSCOLN 5.5 1/13/2033 5.50% 01/13/33 2.16% 94.34 92.35 6
7 SPIAV 1.75 2/4/2028 1.75% 02/04/28 2.97% 92.39 89.73 2
8 SLB 5.125 12/15/2043 5.13% 12/15/43 2.46% 86.17 84.10 2
9 VIVION 3 8/8/2024 3.00% 08/08/24 2.25% 77.90 76.18 19
10 RUSSIA 4.875 9/16/2023 4.88% 09/16/23 2.25% 83.95 82.11 6

Bottom 10 Performers

Showcases the bottom 10 IG Corp performers based on the largest bid price decreases between 12/23/22 – 12/30/22

RANK BOND NAME COUPON MATURITY CHANGE PX PX-1W DEALERS
1 NLMKRU 4 9/21/2024 REGS 4.00% 09/21/24 -15.87% 60.70 72.14 5
2 GAZPRU 7.288 8/16/2037 7.29% 08/16/37 -14.26% 67.09 78.26 7
3 INTERF 0 11/30/2025 0.00% 11/30/25 -10.41% 80.59 89.96 2
4 CZGRID 0.45 9/8/2029 0.45% 09/08/29 -9.27% 64.38 70.96 15
5 GMKNRM 3.375 10/28/2024 REGS 3.38% 10/28/24 -8.38% 70.52 76.98 5
6 SLOVGB 2.25 6/12/2068 2.25% 06/12/68 -8.06% 70.19 76.34 4
7 PSXP 3.15 12/15/2029 3.15% 12/15/29 -7.16% 75.79 81.63 3
8 VER 2.85 12/15/2032 2.85% 12/15/32 -6.32% 76.19 81.34 4
9 RAGB 1.5 11/2/2086 1.50% 11/02/86 -6.16% 58.22 62.04 2
10 IIAAV 2.5 10/15/2027 2.50% 10/15/27 -5.72% 73.84 78.32 11

Top 10 Industry Performers

Showcases the top 10 IG industry performers based on the largest yield increases between 12/23/22 – 12/30/22

RANK INDUSTRY CHANGE YLD YLD-1W
1 Media: Diversified & Production -36 bps 4.91% 5.27%
2 Insurance 2 bps 5.61% 5.59%
3 Metals & Mining 5 bps 5.24% 5.19%
4 Wholesale 12 bps 5.26% 5.13%
5 Energy: Oil & Gas 14 bps 5.36% 5.22%
6 Aerospace & Defense 16 bps 5.84% 5.69%
7 Telecommunications 18 bps 5.12% 4.94%
8 Banking 18 bps 5.27% 5.09%
9 Automotive 20 bps 5.27% 5.07%
10 Environmental Industries 21 bps 4.92% 4.70%

Bottom 10 Industry Performers

Showcases the bottom 10 IG industry performers based on the largest yield decreases between 12/23/22 – 12/30/22

RANK INDUSTRY CHANGE YLD YLD-1W
1 Healthcare & Pharmaceuticals 106 bps 5.84% 4.78%
2 Transportation: Consumer 104 bps 7.46% 6.41%
3 Capital Equipment 65 bps 5.02% 4.37%
4 Media: Broadcasting & Subscription 64 bps 5.76% 5.12%
5 High Tech Industries 63 bps 5.56% 4.93%
6 Consumer Goods: Durable 62 bps 5.14% 4.52%
7 Construction & Building 55 bps 5.31% 4.76%
8 Utilities: Water 53 bps 5.22% 4.69%
9 Containers, Packaging, & Glass 46 bps 5.83% 5.37%
10 Media: Advertising, Printing & Publishing 46 bps 6.30% 5.85%

5 Year Yield By Industry

Displays the average IG Corp 5 year yield by industry between 11/09/22 – 12/16/22

Results are based on 5 select industry sectors, however, we offer data across 36 sectors

Sentiment

Reveals the percent of IG Corps increasing in price (advancers) vs. IG Corps decreasing in price (decliners) between 12/23/22 – 12/30/22

Top Quote Volume Movers: This Week vs Last Week

Exhibits the IG Corps with the largest increase in quote volume for the week ending 12/23/22 vs. the week ending 12/30/22

RANK TRANCHE COUPON MATURITY PRIOR WEEK THIS WEEK INCREASE % INCREASE
1 CBAAU 1.125 6/15/2026 1.13% 06/15/26 74 188 114 154%
2 NAB 5.132 11/22/2024 5.13% 11/22/24 78 189 111 142%
3 MEX 4.125 1/21/2026 4.13% 01/21/26 89 197 108 121%
4 MQGAU FLT 11/9/2033 5.49% 11/09/33 64 155 91 142%
5 ANZNZ 3.45 1/21/2028 3.45% 01/21/28 75 164 89 119%
6 TD 1.15 6/12/2025 1.15% 06/12/25 132 218 86 65%
7 NWIDE 1.5 10/13/2026 1.50% 10/13/26 59 145 86 146%
8 USB FLT 7/22/2033 4.97% 07/22/33 171 250 79 46%
9 TD 2.65 6/12/2024 2.65% 06/12/24 112 186 74 66%
10 MCD 3.8 4/1/2028 3.80% 04/01/28 125 196 71 57%

Most Quoted IG Corps

Ranks the IG Corps that were quoted by the highest number of dealers between 12/23/22 – 12/30/22

RANK TRANCHE COUPON MATURITY DEALERS
1 GEHC 5.905 11/22/2032 144A 5.91% 11/22/32 32
2 DIS 2.65 1/13/2031 2.65% 01/13/31 32
3 AAPL 3.95 8/8/2052 3.95% 08/08/52 32
4 AMZN 4.7 12/1/2032 4.70% 12/01/32 32
5 ET 3.75 5/15/2030 3.75% 05/15/30 31
6 RTX 4.5 6/1/2042 4.50% 06/01/42 31
7 ENBCN 3.4 8/1/2051 3.40% 08/01/51 31
8 UNH 5.35 2/15/2033 5.35% 02/15/33 31
9 BAC 5.015 7/22/2033 5.02% 07/22/33 31
10 CMCSA 1.5 2/15/2031 1.50% 02/15/31 31

Bid-Offer Spread by Industry

Displays the IG Corp average bid-offer spread by industry between 11/09/22 – 12/16/22

Results are based on 5 select industry sectors, however, we offer data across 36 sectors

Bid and Offer Volume

Reveals the total number of quotes by bid and offer between 12/23/22 – 12/30/22

Stay up-to-date with weekly summaries.

Stay up-to-date on the latest from SOLVE