By David Corbell 06 May 2021
IGM Global Credit Snapshot | Thursday, 6th May 2021 - Global issuance volumes broadly pulled back in April after a robust March and Q1. - APAC US$ IG and US HY issuance however posted busiest Aprils on record. - European HY space also saw its highest volume month since October 2017. - US IG ex SSA issuance was led by five of the six big banks, while corporates underwhelmed. - European IG corporates attracted falling NICS on strong demand and reduced supply. - APAC HY issuance slumped with issuers forced to pay up on negative China impulses.