This data book provides a reference guide to the listed oil & gas fixed income securities, and their performance.
Last quarter's cautious recovery has been put in to reverse, with issuance down.
As we highlighted in 1Q, the nascent recovery has been fragile and susceptible to shocks.
Consequently, it is not surprising to see the sector pause in 2Q. Whether this is an aberration or a wider trend is too early to say.