Corporates

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

Investment Grade Corporate Bond Market Summary:
Week Ending 4/4/25

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 4/4/25, issue size of $50 million and larger

 

 

 

 

 

 

ISSUE COLLATERAL TYPE AMT ISSUED (MM) PRC AT ISSUANCE YIELD AT ISSUANCE (%) SPREAD AT ISSUE
Municipality Finance PLC (USD) 4.25% 4/1/2030 Senior Notes 1000 100 4.25 18
Korea National Oil Corp. (USD) 4.75% 3/31/2030 Senior Notes 300 98.811 4.79 70

Top 10 Performers

Showcases the top 10 IG Corp performers based on the largest bid price increases between 3/28/25 – 4/4/25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RANK BOND NAME COUPON MATURITY CHANGE PRC PRC-1W DEALERS
1 UNP 4.375 11/15/2065 4.38% 11/15/65 5.37% 79.31 75.26 8
2 TEMASE 2.5 10/6/2070 144A 2.50% 10/06/70 5.07% 60.25 57.34 6
3 EDF 5.25 10/13/2055 144A 5.25% 10/13/55 4.54% 89.71 85.82 4
4 ONEAM 4.25 10/15/2050 144A 4.25% 10/15/50 4.32% 78.48 75.23 8
5 PTTEPT 3.903 12/6/2059 REGS 3.90% 12/06/59 4.11% 75.83 72.83 15
6 CMCSA 2.65 8/15/2062 2.65% 08/15/62 3.80% 53.51 51.55 24
7 CHINA 2.75 12/3/2039 2.75% 12/03/39 3.77% 87.00 83.83 9
8 HKINTL 2.375 2/2/2051 REGS 2.38% 02/02/51 3.71% 65.19 62.86 15
9 YALUNI 2.402 4/15/2050 2.40% 04/15/50 3.71% 61.12 58.93 6
10 LLY 2.5 9/15/2060 2.50% 09/15/60 3.66% 56.17 54.18 20

Bottom 10 Performers

Showcases the bottom 10 IG Corp performers based on the largest bid price decreases between 3/28/25 – 4/4/25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RANK BOND NAME COUPON MATURITY CHANGE PRC PRC-1W DEALERS
1 KSS 4.625 5/1/2031 4.63% 05/01/31 -8.69% 64.81 70.98 25
2 SAVE 11 3/6/2030 144A 11.00% 03/12/30 -7.82% 84.38 91.53 18
3 AAWW 8.5 2/15/2030 144A 8.50% 02/15/30 -7.13% 93.06 100.21 20
4 JBLU 9.875 9/20/2031 144A 9.88% 09/20/31 -6.40% 92.70 99.04 30
5 OB 10 2/15/2030 144A 10.00% 02/15/30 -5.97% 81.88 87.08 20
6 VFC 6 10/15/2033 144A 6.00% 10/15/33 -5.90% 89.53 95.15 14
7 W 7.75 9/15/2030 144A 7.75% 09/15/30 -5.23% 92.48 97.58 24
8 PETRPE 5.625 6/19/2047 REGS 5.63% 06/19/47 -5.17% 59.70 62.95 21
9 HPP 3.25 1/15/2030 3.25% 01/15/30 -3.74% 67.01 69.61 22
10 NGGLN 1.541 12/1/2053 1.54% 12/01/53 -3.70% 64.45 66.93 7

Top 10 Industry Performers

Showcases the top 10 IG industry performers based on the largest yield increases between 3/28/25 – 4/4/25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RANK INDUSTRY CHANGE YLD YLD-1W
1 Media: Diversified & Production -65 bps 4.15% 4.80%
2 Wholesale -42 bps 5.40% 5.82%
3 Utilities: Water -39 bps 4.84% 5.24%
4 Finance -39 bps 5.06% 5.45%
5 Consumer Goods: Durable -39 bps 3.79% 4.19%
6 Beverage, Food & Tobacco -34 bps 3.76% 4.10%
7 Services: Business -30 bps 3.79% 4.09%
8 Environmental Industries -28 bps 4.36% 4.63%
9 Forest Products & Paper -28 bps 4.16% 4.43%
10 Construction & Building -26 bps 4.18% 4.44%

Bottom 10 Industry Performers

Showcases the bottom 10 IG industry performers based on the largest yield decreases between 3/28/25 – 4/4/25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RANK INDUSTRY CHANGE YLD YLD-1W
1 Media: Advertising, Printing & Publishing 31 bps 6.95% 6.64%
2 Insurance 3 bps 4.70% 4.66%
3 Services: Consumer 3 bps 5.08% 5.05%
4 Energy: Electricity 2 bps 4.16% 4.13%
5 Aerospace & Defense 1 bps 5.14% 5.13%
6 Retail 0 bps 4.95% 4.95%
7 Sovereign & Public Finance 0 bps 3.78% 3.78%
8 Chemicals, Plastics & Rubber -1 bps 4.97% 4.98%
9 Consumer Goods: Non-Durable -8 bps 4.52% 4.60%
10 Banking -10 bps 4.30% 4.40%

5 Year Yield By Industry

Displays the average IG Corp 5 year yield by industry between 3/28/25 – 4/4/25

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 3/28/25 – 4/4/25

Top Quote Volume Movers: This Week vs Last Week

Exhibits the IG Corps with the largest increase in quote volume for the week ending 3/28/25 vs. the week ending 4/4/25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RANK TRANCHE COUPON MATURITY PRIOR WEEK THIS WEEK INCREASE % INCREASE
1 BNP 5.738 2/20/2035 REGS 6.27% 02/20/35 152 265 113 74%
2 BABA 5.25 5/26/2035 REGS 5.25% 05/26/35 150 252 102 68%
3 BABA 4.875 5/26/2030 REGS 4.88% 05/26/30 132 223 91 69%
4 BMW 4.65 3/19/2027 REGS 4.65% 03/19/27 73 148 75 103%
5 SOCGEN 6.446 1/10/2029 144A 6.45% 01/10/29 160 234 74 46%
6 MET 6.4 12/15/2036 6.40% 12/15/36 120 186 66 55%
7 BERMUD 2.375 8/20/2030 REGS 2.38% 08/20/30 40 106 66 165%
8 BERMUD 3.375 8/20/2050 REGS 3.38% 08/20/50 40 106 66 165%
9 BERMUD 4.75 2/15/2029 REGS 4.75% 02/15/29 50 110 60 120%
10 BK 6.474 10/25/2034 6.24% 10/25/34 188 248 60 32%

Most Quoted IG Corps

Ranks the IG Corps that were quoted by the highest number of dealers between 3/28/25 – 4/4/25

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RANK TRANCHE COUPON MATURITY DEALERS
1 MARS 5.2 3/1/2035 144A 5.20% 03/01/35 42
2 MARS 5.8 5/1/2065 144A 5.80% 05/01/65 40
3 MARS 5.7 5/1/2055 144A 5.70% 05/01/55 40
4 MARS 5.65 5/1/2045 144A 5.65% 05/01/45 40
5 MARS 4.8 3/1/2030 144A 4.80% 03/01/30 39
6 WM 4.95 3/15/2035 4.95% 03/15/35 38
7 MARS 5 3/1/2032 144A 5.00% 03/01/32 37
8 NEE 5.45 3/15/2035 5.45% 03/15/35 37
9 BAC 5.511 1/24/2036 5.70% 01/24/36 37
10 D 5.45 3/15/2035 5.45% 03/15/35 37

Bid-Offer Spread by Industry

Displays the IG Corp average bid-offer spread by industry between 3/28/25 – 4/4/25

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 3/28/25 – 4/4/25

Stay up-to-date with weekly summaries.

Stay up-to-date on the latest from SOLVE