“Issuance surge continues in September with $47.28B and $342B YTD”

Insights written by Saswata Mohanty and Nikhil Francis from our Investment Banking team are featured in The Bond Buyer, a leading US publication.

The article “Issuance surge continues in September with $47.28B and $342B YTD” covers the Fed’s role in stabilising the municipal bond market

Extract from the article: “U.S. Municipal market activity was at the rock bottom level due to COVID-19 during March but started showing the sign of recovery after Fed’s intervention, which was evident in the market in following months and continues to stabilize…This helps in boosting the confidence among the players in the municipal market.”