CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for June 2018. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity, found a fourth straight monthly increase in requests for new municipal bond identifiers, while CUSIP request volume for corporate equity and debt decreased in June. This is suggestive of steady improvement in municipal issuance and continued volatility in corporate issuance for the second half of 2018.
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