IFR-US CORP BONDS-Strong tone for final day of May

Newswire

by Andrea Johnson BRADENTON, FL., May 31 (IFR) - The US high grade market is USD7.05bn shy of a USD100bn month. Syndicate desks were only calling for USD10-15bn for the entire week - most saying they had a few mandates, but nothing significant - and given the history of post Memorial Day Tuesday activity, it seem unlikely the total for May will reach that mark. That said, many also warned that issuers were coming out of the woodwork to issue sooner rather than later to take advantage of ...

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