Cusip Global Services says corporate request volumes rose in June

Chicago, July 13 – Cusip Global Services released its trend report for June, tracing new security identifiers as an early indicator of debt and capital markets activity.

The report found a monthly increase in request volume for new corporate identifiers.

North American corporate requests totaled 6,795 in June, which is up 4.2% on a monthly basis. On a year-over-year basis, North American corporate requests closed the month up 21% over year-ago totals.

The increase was driven by a 7.7% monthly uptick in requests for longer-term certificates of deposit, with maturities of one year or more, and a 1.2% increase in requests for shorter-term CDs, with maturities under one year.

Year-to-date data

Through June 2023, U.S. corporate debt requests, at 10,283, are up 25.5% year over year.

Syndicated loans are down 0.5%, at 1,205.

Canadian corporate debt and equity requests are lower by 8%.

Private placement securities are down a remarkable 26.2%.

International debt is lower by 30.8%, again on a year-over-year basis.

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