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Although stock issuance has started to slow, many technology companies remain swollen with shares among which company earnings must be divvied.
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But lately, issuance has slowed considerably as the roster of troubled companies has started to swell.
In recent days, Mr. Koizumi has started to soften his pledge to cap new bond issuance at 30 trillion yen $240 billionn) a year.
So it has started selling them to the Federal Home Loan Bank of Pittsburgh, part of a 12-bank network which raises money cheaply in the capital markets because of implicit government backing.The subprime crisis revealed so much slapdash issuance that buyers of mortgages consider valuations provided by the originators worthless.
The questioning of member states' guarantees to the EFSF seems to have started, even before the full blast of bond-issuance arrives.
In the social housing sector, bond issuance has increased significantly since the start of the financial crisis (32 issues since mid-2008, compared with an average of one or two a year previously).
Brazilian bond issuance has decreased significantly from where it was in the earlier part of this decade.
Issuance has been rising steadily since the late 1980s.
Net debt issuance is at record levels, a $600 billion annual rate, as equity issuance has hit bottom.
Longer-term corporate bond issuance has been healthy in the last several weeks.
AS CORPORATE-BOND issuance has swelled in recent years, so have its more exotic offshoots.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com