The volume of US corporate investment grade bond issuance in April was the second-highest ever for a single month behind the record set in May last year thanks to issuance from the banking sector.
Bank of America sold $6bn (â¬3.8bn) of paper yesterday taking total US corporate investment grade issuance in April to $94.8bn, the second-highest volume for a month behind $106.2bn last May, according to Dealogic, the investment banking research provider.
