Statistics & Data Visualizations
Corporate Bond Offerings
June 9, 2025
A bond is a debt obligation. Investors who buy corporate bonds are lending money to the company issuing the bond. In return, the company makes a legal commitment to pay interest on the principal and, in most cases, to return the principal when the bond comes due, or matures. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the largest securities market in the world. Other components include U.S. treasury bonds, other U.S. government bonds, and municipal bonds.
Data Visualizations
Click on the link below each image to access interactive features of the graph.
Number and Proceeds
(2018 - 2024 and 2018:Q1 - 2025:Q1)
Number and Proceeds by Major Industry Group
(2024 and 2025:Q1)
Number of Offerings by Issuer Location
(2024)
Statistics
Below are the most recent quarterly statistics from 2024:Q1 to 2025:Q1 and the most recent annual statistics from 2024. Corporate bond offering statistics are updated quarterly. For all available corporate bond offering statistics from 2018:Q1 to 2025:Q1, view Statistics Download.
| Metric | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|
| Total number of corporate bond offerings | 1,796 | 564 | 456 | 462 | 314 | 531 |
| Number of corporate bond offerings by U.S. and non-U.S. issuers | ||||||
| U.S. issuers | 1,579 | 500 | 386 | 412 | 281 | 444 |
| Non-U.S. issuers | 217 | 64 | 70 | 50 | 33 | 87 |
| Number of corporate bond offerings by corporate and fund issuers | ||||||
| Corporates | 1,787 | 562 | 453 | 462 | 310 | 528 |
| Funds | 9 | 2 | 3 | 0 | 4 | 3 |
| Corporate bond offerings total proceeds (US$ Millions) | 1,168,681.8 | 391,191.4 | 270,124.2 | 322,621.2 | 184,745.1 | 397,552.5 |
| Corporate bond offerings total proceeds by U.S. and non-U.S. issuers | ||||||
| U.S. issuers (US$ Millions) | 975,067.0 | 331,368.0 | 213,231.7 | 275,931.1 | 154,536.2 | 315,610.5 |
| Non-U.S. issuers (US$ Millions) | 193,614.8 | 59,823.3 | 56,892.5 | 46,690.0 | 30,208.9 | 81,942.0 |
| Corporate bond offerings total proceeds by corporate and fund issuers | ||||||
| Corporates (US$ Millions) | 1164,481.1 | 390,199.8 | 268,711.1 | 322,621.2 | 182,949.0 | 396,807.2 |
| Funds (US$ Millions) | 4,200.7 | 991.6 | 1,413.1 | 0.0 | 1,796.1 | 745.3 |
| Corporate bond offerings average proceeds (US$ Million) | 650.7 | 693.6 | 592.4 | 698.3 | 588.4 | 748.7 |
| Corporate bond offerings average proceeds by U.S. and non-U.S. issuers | ||||||
| U.S. issuers (US$ Millions) | 617.5 | 662.7 | 552.4 | 669.7 | 550.0 | 710.8 |
| Non-U.S. issuers (US$ Millions) | 892.2 | 934.7 | 812.8 | 933.8 | 915.4 | 941.9 |
| Corporate bond offerings average proceeds by corporate and fund issuers | ||||||
| Corporates (US$ Millions) | 651.6 | 694.3 | 593.2 | 698.3 | 590.2 | 751.5 |
| Funds* (US$ Millions) | 466.7 | 495.8 | 471.0 | - | 449.0 | 248.4 |
| Corporate bond offerings median proceeds (US$ Million) | 593.4 | 599.1 | 532.1 | 600.8 | 500.0 | 698.1 |
| Corporate bond offerings median proceeds by U.S. and non-U.S. issuers | ||||||
| U.S. issuers (US$ Millions) | 500.0 | 549.9 | 499.4 | 598.5 | 499.6 | 624.7 |
| Non-U.S. issuers (US$ Millions) | 750.0 | 948.0 | 750.0 | 940.6 | 750.0 | 900.0 |
| Corporate bond offerings median proceeds by corporate and fund issuers | ||||||
| Corporates (US$ Millions) | 594.7 | 599.1 | 532.7 | 600.8 | 500.0 | 698.4 |
| Funds* (US$ Millions) | 498.5 | 495.8 | 498.5 | - | 449.1 | 300.0 |
* The average and median proceeds are presented as "-" when the number of offerings is 0.
Statistics Guide
The Guide below provides a description of each metric, calculation method, and data source. To download Corporate Bond Offering Statistics Guide: Corporate Bond Offering Statistics Guide
Description
The number of corporate bond offerings in the U.S. market based on pricing date.
Calculation Method
The estimate is produced by counting corporate bond offerings based on pricing date in each time period. It includes SEC-registered non-convertible bonds with maturities greater than 1 year, and excludes Preferred Stock, Mortgage/Asset Backed Securities, MTN Programs, Private Placements/144A, and Private Debt. It also excludes Municipal Bonds and other debt issued by government entities.
Data Source
LSEG SDC Platinum
Description
The number of corporate bond offerings in the U.S. market based on pricing date by U.S. and non-U.S. issuers in each time period.
Calculation Method
For purposes of this estimate, the U.S. and non-U.S. issuer classifications are based on the location of the primary offices at the time of the offerings.
Data Source
LSEG SDC Platinum
Description
The number of corporate bond offerings in the U.S. market based on pricing date by corporate and fund issuers in each time period.
Calculation Method
For purposes of this estimate, funds include closed-end funds (registered under the Investment Company Act of 1940) and business development companies (closed-end investment funds exempt under the Investment Company Act of 1940). Corporate issuers are all other corporate bond issuers except funds, as defined above at the time of offerings.
Data Source
LSEG SDC Platinum
Description
Total proceeds from corporate bond offerings in the U.S. market based on pricing date in each time period.
Calculation Method
The estimate is produced by aggregating the proceeds from corporate bond offerings based on pricing date in the U.S. market in each time period. It includes SEC-registered non-convertible bonds with maturities greater than 1 year, and excludes Preferred Stock, Mortgage/Asset Backed Securities, MTN Programs, Private Placements/144A, and Private Debt. It also excludes Municipal Bonds and other debt issued by government entities.
Data Source
LSEG SDC Platinum
Description
Total proceeds from corporate bond offerings based on pricing date in the U.S. market by U.S. and non-U.S. issuers in each time period.
Calculation Method
For purposes of this estimate, the U.S. and non-U.S. issuer classifications are based on the location of the primary offices at the time of the offerings.
Data Source
LSEG SDC Platinum
Description
Total proceeds from corporate bond offerings based on pricing date in the U.S. market by corporate and fund issuers in each time period.
Calculation Method
For purposes of this estimate, funds include closed-end funds (registered under the Investment Company Act of 1940) and business development companies (closed-end investment funds exempt under the Investment Company Act of 1940). Corporate issuers are all other corporate bond issuers except funds, as defined above at the time of offerings.
Data Source
LSEG SDC Platinum
Description
Average proceeds is the average of proceeds from corporate bond offerings based on pricing date in the U.S. market in each time period.
Calculation Method
The estimate is produced by averaging the proceeds from priced corporate bond offerings in each time period. It includes SEC-registered non-convertible bonds with maturities greater than 1 year, and excludes Preferred Stock, Mortgage/Asset Backed Securities, MTN Programs, Private Placements/144A, and Private Debt. It also excludes Municipal Bonds and other debt issued by government entities.
Data Source
LSEG SDC Platinum
Description
Average of proceeds from corporate bond offering based on pricing date in the U.S. market by U.S. and non-U.S. issuers in each time period.
Calculation Method
For purposes of this estimate, the U.S. and non-U.S. issuer classifications are based on the location of the primary offices at the time of the offerings.
Data Source
LSEG SDC Platinum
Description
Average proceeds from corporate bond offerings in the U.S. market by corporate and fund issuers in each time period.
Calculation Method
For purposes of this estimate, funds include closed-end funds (registered under the Investment Company Act of 1940) and business development companies (closed-end investment funds exempt under the Investment Company Act of 1940). Corporate issuers are all other corporate bond issuers except funds, as defined above at the time of offerings.
Data Source
LSEG SDC Platinum
Description
Median proceeds from corporate bond offerings based on pricing date in the U.S. market in each time period.
Calculation Method
The estimate is produced by locating the issuer with the middle value of the proceeds (or average of two middle values for even number of observations) from sorted corporate bond offering proceeds in each time period. It includes SEC-registered non-convertible bonds with maturities greater than 1 year, and excludes Preferred Stock, Mortgage/Asset Backed Securities, MTN Programs, Private Placements/144A, and Private Debt. It also excludes Municipal Bonds and other debt issued by government entities.
Data Source
LSEG SDC Platinum
Description
Median of proceeds raised in corporate bond offerings based on pricing date in the U.S. market by U.S. and non-U.S. issuers in each time period.
Calculation Method
For purposes of this estimate, U.S. and non-U.S. issuer classifications are based on the location of the primary offices at the time of the offerings.
Data Source
LSEG SDC Platinum
Description
Median of proceeds from corporate bond offerings based on pricing date in the U.S. market by corporate and fund issuers in each time period.
Calculation Method
For purposes of this estimate, funds include closed-end funds (registered under the Investment Company Act of 1940) and business development companies (closed-end investment funds exempt under the Investment Company Act of 1940). Corporate issuers are all other corporate bond offering issuers except funds, as defined above at the time of offerings.
Data Source
LSEG SDC Platinum
Description
Number of corporate bond offerings based on pricing date in the U.S. market by major industry group in each time period.
Calculation Method
The industry classification is based on 4-digit primary SIC codes of corporate bond issuers, which are grouped to form 11 major industries at the time of offerings. All other 4-digit SIC codes that are not among the 11 major industry groups are classified as Other.
Data Source
LSEG SDC Platinum
Description
Total proceeds from corporate bond offerings based on pricing date in the U.S market by major industry group in each time period.
Calculation Method
The industry classification is based on 4-digit primary SIC codes of corporate bond issuers, which are grouped to form 11 major industries at the time of offerings. All other 4-digit SIC codes that are not among the 11 major industry groups are classified as Other.
Data Source
LSEG SDC Platinum
Statistics Download
The file below contains all available corporate bond offering statistics from 2018:Q1 to 2025:Q1.
| File | Format | Size |
|---|---|---|
| Corporate Bond Offering Statistics | xlsx | 22.70KB |
Related Materials
- Regulatory Background:
- Investor Bulletin:
These statistics are produced by the staff of the U.S. Securities and Exchange Commission and the Commission expresses no view regarding the statistics. The statistics are produced from commercial data sets provided by third parties. Staff cannot guarantee the accuracy of third-party data. The statistics may change based on updated or revised data and methodology.
Citation
URL: https://www.sec.gov/data-research/statistics-data-visualizations/corporate-bond-offerings
Author: U.S. Securities and Exchange Commission Staff
Name: SEC Statistics & Data Visualizations: Corporate Bond Offerings
Publication Date: Aug. 12, 2025
Last Reviewed or Updated: Aug. 12, 2025