January 11, 2018 / 2:23 PM / in 4 months

U.S. corporate bond supply posts slowest start since 2015 - BofA Merrill Lynch

NEW YORK, Jan 11 (Reuters) - Issuance of U.S. investment-grade corporate bonds in the first seven days of 2018 totaled $53.38 billion for its slowest start to the year since 2015, according to strategists at Bank of America Merrill Lynch.

The amount of high-grade debt supply was down 38 percent from a sum of $86.09 billion a year earlier, they said in a research note released on Thursday. (Reporting by Richard Leong Editing by Chizu Nomiyama)

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