Secondary Trading Settlement Monthly - January 2022 Executive Summary

January witnessed a flurry of secondary trading activity in the loan market as volumes spiked 48% to $76B.  While this marked the third busiest month on record, January 2022 still fell well short of March 2020’s all-time high of $119.3B.

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Bye-Bye, BSBY

Bye Bye, BSBY” upon BISL’s announcement of BSBY’s future cessation.