Corporates

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

Investment Grade Corporate Bond Market Summary:
Week Ending 3/7/25

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

Quick Links

New Issues

IG Corp bond new issues for the week ending 3/7/25, issue size of $50 million and larger

 

 

 

 

ISSUE COLLATERAL TYPE AMT ISSUED (MM) PRC AT ISSUANCE YIELD AT ISSUANCE (%) SPREAD AT ISSUE
KKR & Co. LP (USD) 6.25% 3/1/2028 Preferred Stock, To Be Issued 2588 100    
MPLX LP (USD) 5.95% 4/1/2055 Senior Note, To Be Issued 1000 98.331 6.07 160
Carolina Power & Light Co. (USD) 5.05% 3/15/2035 First Mortgage Bond, To Be Issued 850 99.882 5.07 90
Synchrony Financial (USD) 5.45% 3/6/2031 Senior Note, To Be Issued 800 100    
Humana Inc. (USD) 5.55% 5/1/2035 Senior Note, Issued 750 99.885 5.56 138

Top 10 Performers

Showcases the top 10 IG Corp performers based on the largest bid price increases between 2/28/25 – 3/7/25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RANK BOND NAME COUPON MATURITY CHANGE PRC PRC-1W DEALERS
1 ETLFP 9.75 4/13/2029 REGS 9.75% 04/13/29 15.18% 98.68 85.67 20
2 VNKRLE 3.975 11/9/2027  3.98% 11/09/27 7.87% 76.27 70.70 22
3 WBA 4.65 6/1/2046 4.65% 06/01/46 5.96% 76.51 72.21 22
4 LNGFOR 3.95 9/16/2029 3.95% 09/16/29 3.31% 79.41 76.86 19
5 GARUDA 6.5 12/28/2031 7.25% 12/28/31 2.97% 66.76 64.84 4
6 PCPDC 5.125 6/18/2026 5.13% 06/18/26 2.90% 92.40 89.80 13
7 SHUION 5.5 6/29/2026 5.50% 06/29/26 2.55% 96.03 93.64 17
8 FBC 4.125 11/1/2030 4.13% 11/01/30 2.23% 94.59 92.53 7
9 NWSZF 4.25 6/27/2029 4.25% 06/27/29 2.08% 88.40 86.61 14
10 ACENPM 4 PERP 4.00% NULL 1.89% 67.22 65.97 15

Bottom 10 Performers

Showcases the bottom 10 IG Corp performers based on the largest bid price decreases between 2/28/25 – 3/7/25

 

 

 

 

 

 

 

 

 

 

RANK BOND NAME COUPON MATURITY CHANGE PRC PRC-1W DEALERS
1 LLY 1.375 9/14/2061 1.38% 09/14/61 -9.33% 50.61 55.82 14
2 PLD 1.5 9/10/2049 1.50% 09/10/49 -9.32% 57.22 63.10 17
3 ANNGR 1.625 9/1/2051 1.63% 09/01/51 -8.58% 55.56 60.77 20
4 ORAFP 1.375 9/4/2049 1.38% 09/04/49 -8.18% 62.71 68.30 19
5 SLOVGB 2.25 6/12/2068 2.25% 06/12/68 -8.17% 62.13 67.66 7
6 EFSF 0.7 1/17/2053 0.70% 01/17/53 -8.02% 50.18 54.55 6
7 EU 0.7 7/6/2051 0.70% 07/06/51 -7.99% 50.39 54.77 12
8 DBHNGR 1.125 5/29/2051 1.13% 05/29/51 -7.83% 56.21 60.99 14
9 URWFP 1.75 7/1/2049 1.75% 07/01/49 -7.77% 58.42 63.34 18
10 RTEFRA 1.125 9/9/2049 1.13% 09/09/49 -7.75% 54.39 58.96 17

Top 10 Industry Performers

Showcases the top 10 IG industry performers based on the largest yield increases between 2/28/25 – 3/7/25

 

 

 

 

 

 

 

 

 

 

 

RANK INDUSTRY CHANGE YLD YLD-1W
1 Media: Diversified & Production -12 bps 4.61% 4.73%
2 Utilities: Water -9 bps 4.93% 5.01%
3 Banking 3 bps 4.39% 4.36%
4 Environmental Industries 3 bps 4.65% 4.62%
5 Containers, Packaging, & Glass 5 bps 4.74% 4.70%
6 Retail 5 bps 4.87% 4.82%
7 Services: Consumer 5 bps 5.03% 4.98%
8 Transportation: Cargo 6 bps 4.76% 4.70%
9 Media: Broadcasting & Subscription 6 bps 4.57% 4.51%
10 Utilities: Oil & Gas 7 bps 4.65% 4.58%

Bottom 10 Industry Performers

Showcases the bottom 10 IG industry performers based on the largest yield decreases between 2/28/25 – 3/7/25

 

 

 

 

 

 

 

 

 

 

RANK INDUSTRY CHANGE YLD YLD-1W
1 Capital Equipment 23 bps 4.18% 3.95%
2 Construction & Building 22 bps 4.47% 4.24%
3 Consumer Goods: Non-Durable 20 bps 4.49% 4.29%
4 Media: Advertising, Printing & Publishing 20 bps 5.72% 5.52%
5 Transportation: Consumer 19 bps 4.88% 4.70%
6 Energy: Electricity 18 bps 4.23% 4.05%
7 Aerospace & Defense 18 bps 5.11% 4.93%
8 Insurance 18 bps 4.72% 4.55%
9 Utilities: Electric 17 bps 4.55% 4.38%
10 Sovereign & Public Finance 16 bps 4.03% 3.87%

5 Year Yield By Industry

Displays the average IG Corp 5 year yield by industry between 2/28/25 – 3/7/25

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 2/28/25 – 3/7/25

Top Quote Volume Movers: This Week vs Last Week

Exhibits the IG Corps with the largest increase in quote volume for the week ending 2/28/25 vs. the week ending 3/7/25

 

 

 

 

 

 

 

 

 

 

RANK TRANCHE COUPON MATURITY PRIOR WEEK THIS WEEK INCREASE % INCREASE
1 SUMITR 5.2 3/7/2029 144A 5.20% 03/07/29 104 255 151 145%
2 NSANY 2 3/9/2026 144A 2.00% 03/09/26 206 274 68 33%
3 UNH 4.25 3/15/2043 4.25% 03/15/43 139 203 64 46%
4 NSANY 2.75 3/9/2028 144A 2.75% 03/09/28 222 283 61 27%
5 FTSCN 5.9 4/15/2055 5.90% 04/15/55 208 269 61 29%
6 BK 6.474 10/25/2034 6.20% 10/25/34 180 238 58 32%
7 NSANY 4.345 9/17/2027 REGS 4.35% 09/17/27 266 324 58 22%
8 NSANY 4.345 9/17/2027 144A 4.35% 09/17/27 177 231 54 31%
9 OKE 6.625 9/1/2053 6.63% 09/01/53 240 294 54 23%
10 EXC 5.875 3/15/2055 5.88% 03/15/55 219 271 52 24%

Most Quoted IG Corps

Ranks the IG Corps that were quoted by the highest number of dealers between 2/28/25 – 3/7/25

 

 

 

 

 

 

 

 

 

 

RANK TRANCHE COUPON MATURITY DEALERS
1 NEE 5.9 3/15/2055 5.90% 03/15/55 39
2 NEE 5.45 3/15/2035 5.45% 03/15/35 38
3 PEP 5 2/7/2035 5.00% 02/07/35 38
4 NEE 5.3 6/15/2034 5.30% 06/15/34 38
5 NEE 5.7 3/15/2055 5.70% 03/15/55 37
6 OKE 5.05 11/1/2034 5.05% 11/01/34 36
7 CE 6.33 7/15/2029 6.58% 07/15/29 36
8 HSBC 6.95 PERP 7.56% NULL 36
9 AVGO 5.2 4/15/2032 5.20% 04/15/32 35
10 NEE 5.05 3/15/2030 5.05% 03/15/30 35

Bid-Offer Spread by Industry

Displays the IG Corp average bid-offer spread by industry between 2/28/25 – 3/7/25

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 2/28/25 – 3/7/25

Stay up-to-date with weekly summaries.

Stay up-to-date on the latest from SOLVE