Market snapshot: A new order


Changes in US public issuance have brought Bank of America Merrill Lynch to the position of most prolific issuer after it achieved a 21% market share by notional in April. Royal Bank of Canada also maintained its strong presence and accounted for 18% of the notional for the month, while JP Morgan achieved a market share of almost 15%.

Leveraged return products were by far the most common product filed with the US Securities and Exchange Commission between March 12 and April 13. Part of their att

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