Archived Tables

Current Table

U.S. CORPORATE UNDERWRITINGS, 2007-2011

($ billions)

	2007	2008	2009	2010	2011
Debt securities
Straight corporate debt	$1,128.3	$707.2	$901.9	$1,062.7	$1,012.1
High yield debt	136.0	43.0	147.8	263.7	224.1
Convertible debt	76.4	42.0	33.0	29.1	20.7
Asset-backed securities	509.7	139.5	150.9	107.5	124.8
Non-agency mortgage-backed securities	773.9	45.1	32.4	19.0	22.9
Total debt	$2,488.2	$933.8	$1,118.2	$1,218.4	$1,180.5
Equity securities
Preferred stock	60.0	77.9	9.6	22.2	13.3
Common stock	187.5	164.7	254.6	239.5	185.1
All IPOs	91.1	11.0	26.9	52.0	47.8
True IPOs	50.7	7.2	24.5	43.1	40.7
Closed-end fund IPOs	40.4	3.9	2.4	8.9	7.1
Total equity	$247.5	$242.6	$264.2	$261.7	$198.4
Total underwriting	$2,735.7	$1,176.4	$1,382.4	$1,480.0	$1,378.9

Source: Thomson Reuters; Securities Industry and Financial Markets Association.

CORPORATE UNDERWRITING, 2004-2008

	Value of U.S. corporate underwritings ($ billions)			Number of U.S. corporate underwritings
Year	Debt	Equity	Total	Debt	Equity	Total
2004	$1,997.4	$202.7	$2,200.1	5,022	1,056	6,078
2005	2,437.6	190.4	2,628.0	5,479	856	6,335
2006	2,793.0	190.6	2,983.6	5,814	812	6,626
2007	2,488.2	247.5	2,735.7	4,557	825	5,382
2008	924.5	242.8	1,167.3	1,390	375	1,765

Source: Thompson Reuters; Securities Industry and Financial Markets Association.

CORPORATE UNDERWRITING, 2005-2009

($ billions)

	Value of U.S. corporate underwritings			Number of U.S. corporate underwritings
Year	Debt	Equity	Total	Debt	Equity	Total
2005	$2,437.6	$190.4	$2,628.0	5,479	856	6,335
2006	2,793.0	190.6	2,983.6	5,814	812	6,626
2007	2,488.2	247.5	2,735.7	4,557	825	5,382
2008	933.8	242.3	1,176.1	1,390	377	1,767
2009	1,113.2	264.2	1,377.4	1,505	942	2,447

Source: Thomson Reuters; Securities Industry and Financial Markets Association.

CORPORATE UNDERWRITING, 2006-2010

($ billions)

	Value of U.S. corporate underwritings			Number of U.S. corporate underwritings
Year	Debt	Equity	Total	Debt	Equity	Total
2006	$2,793.0	$190.6	$2,983.6	5,814	812	6,626
2007	2,488.2	247.5	2,735.7	4,557	825	5,382
2008	933.8	242.6	1,176.4	1,390	377	1,767
2009	1,118.2	264.2	1,382.4	1,505	942	2,447
2010	1,218.4	261.6	1,480.0	1,799	1,071	2,870

Source: Thomson Reuters; Securities Industry and Financial Markets Association.

U.S. CORPORATE UNDERWRITINGS, 2006-2010

($ billions)

	2006	2007	2008	2009	2010
Straight corporate debt	$1,058.9	$1,128.3	$707.2	$901.9	$1,062.7
High yield debt	146.6	136.0	43.0	147.8	263.9
Convertible debt	62.8	76.4	42.0	33.0	29.1
Asset-backed securities	753.9	509.7	139.5	150.9	107.5
Non-agency mortgage-backed securities	917.4	773.9	45.1	32.4	19.0
Total debt	$2,793.0	$2,488.2	$933.8	$1,118.2	$1,218.4
Preferred stock	33.4	60.0	77.9	9.6	22.2
Common stock	157.2	187.5	164.7	254.6	239.5
All IPOs	57.9	91.1	11.0	26.9	52.0
True IPOs	46.1	50.7	7.2	24.5	43.2
Closed-end fund IPOs	11.8	40.4	3.9	2.4	8.8
All equity	$190.6	$247.5	$242.6	$264.2	$261.6
Total underwriting	$2,983.6	$2,735.7	$1,176.4	$1,382.4	$1,480.0

Source: Thomson Reuters; Securities Industry and Financial Markets Association.