Corporates

GET OUR CORPORATE MARKET SUMMARIES STRAIGHT TO YOUR INBOX.  LEARN MORE

High Yield Corporate Bond Market Summary:
Week Ending 10/22/21

Our newsletter presents key trends derived from observable Corporate Bond pricing data over a weekly period.

Top 10 Winners

Showcases the top 10 HY Corp “winners” based on the largest bid price increases between 10/15/21 – 10/22/21

RANK BOND NAME COUPON MATURITY CHANGE PX PX-1W
1 FTHDGR 9.875 10/19/2023 9.88% 10/19/23 36.41% 29.18 21.39
2 GRNLGR 6.125 4/22/2023 6.13% 04/22/23 33.20% 64.10 48.12
3 YUZHOU 6.35 1/13/2027 6.35% 01/13/27 25.12% 53.56 42.81
4 CENCHI 7.9 11/7/2023 7.90% 11/07/23 23.34% 53.12 43.07
5 ZHPRHK 7.1 9/10/2024 7.10% 09/10/24 21.75% 78.99 64.88
6 HPDLF 7 5/18/2024 7.00% 05/18/24 15.02% 94.21 81.91
7 EVERRE 8.25 3/23/2022 8.25% 03/23/22 14.33% 26.43 23.12
8 TLN 6 12/15/2036 6.00% 12/15/36 12.84% 48.37 42.86
9 GZRFPR 11.625 9/3/2024 11.63% 09/03/24 12.37% 57.76 51.40
10 HPDLF 6.8 12/28/2023 6.80% 12/28/23 11.30% 94.73 85.11

Top 10 Losers

Showcases the top 10 HY Corp “losers” based on the largest bid price decreases between 10/15/21 – 10/22/21

RANK BOND NAME COUPON MATURITY CHANGE PX PX-1W
1 KAISAG 11.5 1/30/2023 11.50% 01/30/23 -22.17% 33.25 42.73
2 SUNSHI 8.25 11/25/2023 8.25% 11/25/23 -15.38% 35.44 41.88
3 MONTE 10.5 7/23/2029 10.50% 07/23/29 -11.77% 97.37 110.35
4 DSPORT 6.625 8/15/2027 144A 6.63% 08/15/27 -9.72% 31.90 35.34
5 CAPG 6.35 2/8/2024 6.35% 02/08/24 -9.17% 58.31 64.20
6 EVHC 8.75 10/15/2026 144A 8.75% 10/15/26 -7.62% 66.49 71.97
7 GHANA 0 4/7/2025 REGS 0.00% 04/07/25 -7.13% 69.30 74.62
8 PETBRA 5.5 6/10/2051 5.50% 06/10/51 -7.03% 87.11 93.70
9 AIRM 8 5/15/2025 8.00% 05/15/25 -6.71% 79.94 85.69
10 INTEL 9.75 7/15/2025 REGS 9.75% 07/15/25 -6.52% 50.81 54.36

Avg Industry Price

Displays the HY Corp average industry price by sector between 10/15/21 – 10/22/21

Results are based on 5 select industry sectors, however, we offer data across 36 sectors

Sentiment

Reveals the percent of HY Corps increasing in price (advancers) vs. HY Corps decreasing in price (decliners) between 10/15/21 – 10/22/21

Top Quote Volume Movers: This Week vs Last Week

Exhibits the HY Corps with the largest increase in quote volume for the week ending 10/15/21 vs. the week ending 10/22/21

RANK TRANCHE COUPON MATURITY PRIOR WEEK THIS WEEK INCREASE % INCREASE
1 FTHDGR 14.5 6/25/2024 14.50% 06/25/24 68 246 178 262%
2 FTHDGR 7.375 10/4/2021 7.38% 10/04/21 243 312 69 28%
3 FTHDGR 11.75 4/17/2022 11.75% 04/17/22 243 309 66 27%
4 FTHDGR 15 12/18/2021 15.00% 12/18/21 254 316 62 24%
5 NWL 4 6/15/2022 4.00% 06/15/22 165 225 60 36%
6 FTHDGR 7.95 7/5/2022 7.95% 07/05/22 266 324 58 22%
7 FTHDGR 6.95 12/17/2021 6.95% 12/17/21 264 320 56 21%
8 MU 4.663 2/15/2030 4.66% 02/15/30 185 236 51 28%
9 SBAC 4.875 9/1/2024 4.88% 09/01/24 279 327 48 17%
10 LW 4.875 11/1/2026 4.88% 11/01/26 249 294 45 18%

Most Quoted HY Corps

Ranks the HY Corps that were quoted by the highest number of dealers between 10/15/21 – 10/22/21

RANK TRANCHE COUPON MATURITY DEALERS
1 EVERRE 8.75 6/28/2025 8.75% 06/28/25 46
2 EVERRE 10.5 4/11/2024 10.50% 04/11/24 39
3 EVERRE 10 4/11/2023 10.00% 04/11/23 39
4 RRR 5 10/1/2025 144A 5.00% 10/01/25 38
5 BLL 5 3/15/2022 5.00% 03/15/22 38
6 X 6.25 3/15/2026 6.25% 03/15/26 38
7 EVERRE 9.5 3/29/2024 9.50% 03/29/24 38
8 SFRFP 7.375 5/1/2026 7.38% 05/01/26 38
9 CCL 11.5 4/1/2023 144A 11.50% 04/01/23 38
10 CGPHLC 5.25 10/15/2025 144A 5.25% 10/15/25 37

Bid-Offer Spread by Industry

Displays the HY Corp average bid-offer spread by industry between 10/15/21 – 10/22/21

Results are based on 5 select industry sectors, however, we offer data across 36 sectors

Bid and Offer Volume

Reveals the total number of quotes by bid and offer between 10/15/21 – 10/22/21

Stay up-to-date with weekly summaries.

Stay up-to-date on the latest from Solve

Read the latest from our team

  • Municipals

    Municipal Bond Market Summary – Week Ending 3/22/24

    Our weekly newsletter presents key trends derived from observable Municipal Bond pricing data over a weekly period.

  • Corporates

    Investment Grade Corporate Bond Market Summary – Week Ending 3/22/24

    Our weekly newsletter presents key trends derived from observable Corporate Bond pricing data over a weekly period.