A few corporations took advantage of yesterday's rally to price new issues.
In the corporate bond market, the inflation news prompted a number of companies to price new issues.
Today it plans to price a $300 million issue of floating-rate notes due Jan. 12, 1989.
The drop in interest rates continued to entice corporate borrowers to price new issues.
In the investment-grade corporate bond market, two foreign governments priced issues.
A number of corporations priced new issues in the investment-grade corporate bond market.
Two banking companies priced new issues in the investment-grade corporate bond market.
Two large corporations priced issues in the investment-grade corporate bond market.
In other developments, the favorable interest rate environment prompted a number of corporations and municipalities to price new issues.
The drop in rates served as encouragement to a number of investment-grade corporations to price new issues yesterday.