CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for June 2026. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a monthly increase in request volume for new corporate and municipal identifiers.
North American corporate CUSIP requests totaled 8,415 in June, which represents a 5.3% increase on a monthly basis. On an annualized basis, North American corporate requests were up 8.4% over June 2025 totals. Requests for new U.S. corporate debt identifiers rose 1.2% and requests for new U.S. corporate equity identifiers rose 3.1% for the month of June.
The aggregate total of identifier requests for new municipal securities – including municipal bonds, long-term and short-term notes, and commercial paper – rose 20.0% versus May totals. On a year-over-year basis, overall municipal volumes were down 2.4% through the end of June. New York led state-level municipal request volume with a total of 259 new CUSIP requests in June, followed by Texas (169) and California (132).
“Overall, new CUSIP request volumes have remained robust throughout the first half of the year,” said Gerard Faulkner, Director of Operations for CGS. “After a slower start to the year, municipal issuers have now logged their fifth consecutive month of steady increases in CUSIP volume, and corporate issuers have continued to maintain a solid pace.”
Requests for international equity CUSIPs rose 30.4% in June and international debt CUSIP requests were up 13.1%. On an annualized basis, international equity CUSIP requests were up 5.5% and international debt CUSIP requests were up 18.7%.
To view the full CUSIP Issuance Trends report for June, please click here.
Following is a breakdown of new CUSIP Identifier requests by asset class year-to-date through June 2026:
| Asset Class |
2026 YTD |
2025 YTD |
YOY Change |
|
| U.S. Corporate Equity | 7,325 | 5,720 | 28.1% |
|
| International Debt | 3,971 | 3,346 | 18.7% |
|
| Private Placement Securities | 2,896 | 2,443 | 18.5% |
|
| Long-Term Municipal Notes | 405 | 381 | 6.3% |
|
| International Equity | 936 | 887 | 5.5% |
|
| Short-Term Municipal Notes |
480 | 461 | 4.1% |
|
| Syndicated Loans |
1,573 | 1,519 | 3.6% |
|
| U.S. Corporate Debt | 16,091 | 16,748 | -3.9% |
|
| CDs > 1-year Maturity |
3,636 | 3,798 | -4.3% |
|
| CDs < 1-year Maturity | 4,501 | 4,718 | -4.6% |
|
| Municipal Bonds |
5,407 | 5,733 | -5.7% |
|
| Canada Corporate Debt & Equity |
2,709 | 3,410 | -20.6% |
|
