Secondary Trading & Settlement Monthly (Jan 2023 Executive Summary)

LSTA’s secondary loan trading volume increased 44% in January to a three-month high of $70.4B. But of course, December was an easy comp to beat. At just $49B, it was the market’s first sub-$50B monthly print since the summer of 2020. Even still, January activity marked just the second time since July that volumes ran north of $70B.


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