Note: The Oreninc Index image below has changed since indexes before May 2013. The weekly state of the market is now the purple line and the five-week moving average is the grey area.
The Oreninc Index fell to a YTD low and its lowest level since last July for the week ending May 30, 2013. Total dollars announced fell to a three-week low. This week’s sharp drop was mostly due to just one brokered offering being announced, leading to the lowest brokered dollars announced since January. In addition, the markets may have been particularly weak due to the holidays in the U.S. and U.K. Next week may see some increase purely because of no markets having closures, but don’t expect a stunning rebound.
Major Financing Openings:
Major Financing Closings:
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