In the US, domestic corporate CUSIP requests slipped to 1,614 in July from June’s total of 1,713, a (-5.8%) drop. Municipal debt CUSIP requests fell (-30%) from June’s totals with only 970 new identifiers sought. Internationally, debt and equity CUSIP activity have continued to fall for the fourth straight month, with only 228 international equity requests and 83 requests for international debt identifiers.
“As ongoing concerns over the trajectory of the Asian, US, and European markets pushed market anxiety to new heights in July, CUSIP volumes for most asset classes slowed significantly,” said Richard Peterson, Director, S&P Valuation and Risk Strategies. “We will be closely monitoring the pace of identifier requests in the coming weeks as the marketplace reacts to continued volatility.”