Fixed-rate agency issuance hits the roof

Citigroup released a report today saying that fixed-rate agency issuance has hit new highs and is expected to reach a new record of about $190 billion per month in May/June. April fixed-rate agency issuance has hit approximately $150 billion (compared to March’s $143 billion showing), and is slightly up from the previous record set in December of $147 billion.

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