NIM Issuance Surges in Early 2004, Deals Continue to Perform Better Than Expected
April 16, 2004
Action in the net interest margin securities arena surged in the first quarter of 2004 as total issuance hit a record $2.77 billion, according to Standard & Poor’s. In a recent research report, the rating agency said 52 NIMs were issued during the first three months of the year, the highest for any quarter, and seven more than were issued during the