Coronavirus crimps LSE Group’s first-quarter debt issuance volumes

(Reuters) – London Stock Exchange Group posted a “marginal decline” in year-on-year debt issuance volumes in the first quarter on Wednesday, despite a flurry of public sector and investment grade activity in March as the coronavirus pandemic intensified.

The exchange group said a total of $110 billion has been raised by global issuers in 437 bond issuances, with deals struck by a range of corporate, sovereign and supranational entities.

(Reporting by Muvija M in Bengaluru, editing by Sinead Cruise)