Corporates
GET OUR CORPORATE MARKET SUMMARIES STRAIGHT TO YOUR INBOX. LEARN MORE
Investment Grade Corporate Bond Market Summary:
Week Ending 7/11/25
Our newsletter presents key trends derived from observable Corporate Bond pricing data over a weekly period.
New Issues
IG Corp bond new issues for the week ending 7/11/25, issue size of $50 million and larger
| ISSUE | COLLATERAL TYPE | AMT ISSUED (MM) | PRC AT ISSUANCE | YIELD AT ISSUANCE (%) | SPREAD AT ISSUE |
| Pacific Life Global Fdg MTN (USD) 4.875% 7/17/2032 | Notes | 600 | 100 | 4.88 | 75 |
| Aviation Capital Group LLC (USD) 4.8% 10/24/2030 | Notes | 750 | 99.038 | 5.01 | 107 |
| Western-Southern Global Funding (USD) 4.5% 7/16/2028 | Backed Senior Secured | 500 | 100 | 4.50 | 70 |
| NTT Finance Corp. (USD) FLT% 7/16/2030 | Notes | 500 | 100 | – | 131 |
Top 10 Performers
Showcases the top 10 IG Corp performers based on the largest bid price increases between 7/3/25 – 7/11/25
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PRC | PRC-1W | DEALERS |
| 1 | HEIMST 6.75 PERP | 6.75% | NULL | 5.47% | 81.76 | 77.51 | 16 |
| 2 | AXASA FLT PERP | 5.34% | NULL | 3.19% | 99.88 | 96.80 | 9 |
| 3 | MRWLN 5.5 11/4/2027 REGS | 5.50% | 11/04/27 | 2.46% | 100.36 | 97.94 | 19 |
| 4 | PETRPE 5.625 6/19/2047 REGS | 5.63% | 19-06-2047 | 1.97% | 65.82 | 64.54 | 19 |
| 5 | DUK 7.95 9/14/2029 | 7.95% | 14-09-2029 | 1.97% | 113.33 | 111.14 | 3 |
| 6 | MTRC 3.05 9/20/2054 | 3.05% | 20-09-2054 | 1.55% | 106.52 | 104.90 | 10 |
| 7 | HSBC 3.4 5/28/2033 | 3.40% | 28-05-2033 | 1.44% | 102.84 | 101.37 | 4 |
| 8 | ETEGA 5.875 6/28/2035 | 5.40% | 28-06-2035 | 1.00% | 108.19 | 106.70 | 16 |
| 9 | BIDU 3 3/12/2035 | 3.00% | 03/12/35 | 1.00% | 104.09 | 102.73 | 13 |
| 10 | TEMASE 3.1 8/28/2054 | 3.10% | 28-08-2054 | 1.30% | 107.19 | 105.79 | 11 |
Bottom 10 Performers
Showcases the bottom 10 IG Corp performers based on the largest bid price decreases between 7/3/25 – 7/11/25
| RANK | BOND NAME | COUPON | MATURITY | CHANGE | PRC | PRC-1W | DEALERS |
| 1 | LUNAR 1.662 8/11/2056 | #VALUE! | 08/11/56 | -3.49% | 59.21 | 61.35 | 3 |
| 2 | LIN 1 9/30/2051 | 1.00% | 30-09-2051 | -2.97% | 52.36 | 53.96 | 14 |
| 3 | ORAFP 1.375 9/4/2049 | 1.38% | 09/04/49 | -2.91% | 62.86 | 64.74 | 16 |
| 4 | PEP 1.05 10/9/2050 | 1.05% | 10/09/50 | -2.82% | 56.05 | 57.68 | 16 |
| 5 | DBHNGR 1.125 5/29/2051 | 1.13% | 29-05-2051 | -2.80% | 54.83 | 56.41 | 12 |
| 6 | ANNGR 1.625 9/1/2051 | 1.63% | 09/01/51 | -2.77% | 55.11 | 56.68 | 17 |
| 7 | KSS 4.625 5/1/2031 | 5.13% | 05/01/31 | -2.76% | 71.68 | 73.71 | 8 |
| 8 | WU 6.2 6/21/2040 | 6.20% | 21-06-2040 | -2.70% | 98.04 | 100.80 | 9 |
| 9 | DHR 1.8 9/18/2049 | 1.80% | 18-09-2049 | -2.70% | 63.11 | 64.88 | 15 |
| 10 | ROMANI 4 2/14/2051 REGS | 4.00% | 14-02-2051 | -2.70% | 63.21 | 64.97 | 22 |
Top 10 Industry Performers
Showcases the top 10 IG industry performers based on the largest yield increases between 7/3/25 – 7/11/25
| RANK | INDUSTRY | CHANGE | YLD | YLD-1W |
| 1 | Real Estate | -81 bps | 5.94% | 6.75% |
| 2 | Wholesale | -41 bps | 4.91% | 5.32% |
| 3 | Energy: Oil & Gas | -16 bps | 5.36% | 5.52% |
| 4 | Chemicals, Plastics & Rubber | -9 bps | 5.00% | 5.09% |
| 5 | Transportation: Cargo | 0 bps | 4.86% | 4.86% |
| 6 | Retail | 3 bps | 4.74% | 4.71% |
| 7 | Metals & Mining | 10 bps | 4.62% | 4.51% |
| 8 | Services: Business | 12 bps | 5.61% | 5.49% |
| 9 | Automotive | 16 bps | 4.52% | 4.36% |
| 10 | Energy: Electricity | 20 bps | 4.14% | 3.94% |
Bottom 10 Industry Performers
Showcases the bottom 10 IG industry performers based on the largest yield decreases between 7/3/25 – 7/11/25
| RANK | INDUSTRY | CHANGE | YLD | YLD-1W |
| 1 | Media: Advertising, Printing & Publishing | 243 bps | 5.74% | 3.30% |
| 2 | Forest Products & Paper | 123 bps | 4.10% | 2.87% |
| 3 | Environmental Industries | 107 bps | 4.24% | 3.17% |
| 4 | Aerospace & Defense | 97 bps | 5.04% | 4.08% |
| 5 | Capital Equipment | 95 bps | 4.00% | 3.05% |
| 6 | Services: Consumer | 95 bps | 5.75% | 4.80% |
| 7 | Finance | 91 bps | 5.79% | 4.88% |
| 8 | Media: Diversified & Production | 81 bps | 4.52% | 3.71% |
| 9 | Healthcare & Pharmaceuticals | 68 bps | 4.22% | 3.54% |
| 10 | Consumer Goods: Durable | 67 bps | 4.03% | 3.36% |
5 Year Yield By Industry
Displays the average IG Corp 5 year yield by industry between 7/3/25 – 7/11/25
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 7/3/25 – 7/11/25
Top Quote Volume Movers: This Week vs Last Week
Exhibits the IG Corps with the largest increase in quote volume for the week ending 7/3/25 vs. the week ending 7/11/25
| RANK | TRANCHE | COUPON | MATURITY | PRIOR WEEK | THIS WEEK | INCREASE | % INCREASE |
| 1 | ARCPLN 4.5 10/31/2028 144A | 4.50% | 10/31/28 | 46 | 245 | 199 | 433% |
| 2 | QATAR 6.4 1/20/2040 144A | 6.40% | 01/20/40 | 150 | 256 | 106 | 71% |
| 3 | WBD 5.141 3/15/2052 | 5.14% | 03/15/52 | 106 | 209 | 103 | 97% |
| 4 | WBD 3.755 3/15/2027 | 3.76% | 03/15/27 | 119 | 221 | 102 | 86% |
| 5 | WBD 4.054 3/15/2029 | 4.05% | 03/15/29 | 133 | 230 | 97 | 73% |
| 6 | HNDA 2.85 6/27/2028 | 2.85% | 06/27/28 | 58 | 153 | 95 | 164% |
| 7 | CELARA 4.2 1/29/2030 144A | 4.20% | 01/29/30 | 60 | 150 | 90 | 150% |
| 8 | COMENG 6.375 4/24/2035 144A | 6.38% | 04/24/35 | 60 | 150 | 90 | 150% |
| 9 | WBD 5.05 3/15/2042 | 5.05% | 03/15/42 | 132 | 220 | 88 | 67% |
| 10 | WBD 4.279 3/15/2032 | 4.28% | 03/15/32 | 146 | 228 | 82 | 56% |
Most Quoted IG Corps
Ranks the IG Corps that were quoted by the highest number of dealers between 7/3/25 – 7/11/25
| RANK | TRANCHE | COUPON | MATURITY | DEALERS |
| 1 | TOYOTA 5.053 6/30/2035 | 5.05% | 06/30/35 | 38 |
| 2 | T 5.4 2/15/2034 | 5.40% | 02/15/34 | 37 |
| 3 | GS 5.536 1/28/2036 | 5.69% | 01/28/36 | 37 |
| 4 | ATO 5.2 8/15/2035 | 5.20% | 08/15/35 | 37 |
| 5 | T 6.05 8/15/2056 | 6.05% | 08/15/56 | 36 |
| 6 | UNH 5.3 6/15/2035 | 5.30% | 06/15/35 | 36 |
| 7 | NEE 5.45 3/15/2035 | 5.45% | 03/15/35 | 36 |
| 8 | UNH 5.95 6/15/2055 | 5.95% | 06/15/55 | 36 |
| 9 | MARS 5.7 5/1/2055 144A | 5.70% | 05/01/55 | 35 |
| 10 | ENBCN 5.95 4/5/2054 | 5.95% | 04/05/54 | 35 |
Bid-Offer Spread by Industry
Displays the IG Corp average bid-offer spread by industry between 7/3/25 – 7/11/25
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 7/3/25 – 7/11/25
Stay up-to-date with weekly summaries.
Syndicated Bank Loans 
Municipals 
Corporates 
Credit Default Swaps 
BDCs 
SOLVE Insights 
SOLVE Newsroom 
