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U.S. Corporate Bond Sales Decline

Week's issuance of about $25 bln was down from $35.2 bln last week.

By Sarika Gangar, Bloomberg | Updated on March 08, 2013

Sales of corporate bonds in the U.S. fell this week and relative yields narrowed as political wrangling in Washington deterred borrowers.

International Lease Finance Corp., the commercial aircraft unit of insurer American International Group Inc., and Burlington Northern Santa Fe led issuance of about $25 billion, down from $35.2 billion last week, according to data compiled by Bloomberg. Sales this year total $307 billion, below $344.9 billion sold in the similar period 2012.

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