--- title: "13:57 ETEgan-Jones Releases March 2026 CLO Market Summary" type: "News" locale: "en" url: "https://longbridge.com/en/news/278154642.md" description: "Egan-Jones released its March 2026 CLO Summary Report, highlighting a decline in CLO issuance to 98 deals worth $40.1 billion in February 2026, down from 124 deals totaling $52.5 billion in February 2025. Despite favorable credit conditions, issuance remains below the November 2024 peak. The report indicates modest improvements in CLO credit quality metrics, with stable percentages of assets rated CCC+ or lower. Egan-Jones maintains a more positive outlook on CLO credit quality compared to other agencies, providing insights into issuance trends and credit conditions for institutional investors." datetime: "2026-03-06T19:00:36.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278154642.md) - [en](https://longbridge.com/en/news/278154642.md) - [zh-HK](https://longbridge.com/zh-HK/news/278154642.md) --- # 13:57 ETEgan-Jones Releases March 2026 CLO Market Summary , /PRNewswire/ -- Egan-Jones published its March 2026 CLO Summary Report reviewing issuance trends, credit quality indicators, and structural metrics across the collateralized loan obligation (CLO) market. The report notes that CLO issuance remained soft despite favorable credit market conditions. Issuance declined to 98 deals totaling $40.1 billion in February 2026 compared with 124 deals totaling $52.5 billion during the same period in 2025. While issuance has improved slightly in recent months, it remains below the November 2024 peak of 127 deals and $54.6 billion. The report highlights that credit yields are currently near recent lows. Five-year Treasury yields are approximately 357 basis points, while the ICE US High Yield option-adjusted spread stands near 298 basis points, significantly below the April 2025 high of 461 basis points. According to the analysis, CLO credit quality metrics have shown modest improvement. Weighted Average Rating Scores (WARS) across covered deals showed percentiles of 3621, 3711, and 3839 at the 25th, 50th, and 75th levels, respectively. The percentage of CLO assets rated CCC+ or lower has remained stable to slightly declining. Egan-Jones currently maintains a more positive view of CLO credit quality compared with other credit rating agencies. The report notes that the firm derives ratings primarily from estimated losses and typically uses probabilities of default that are more conservative than industry standards. The analysis also reviews structural features across rated deals. As of February 2026, Egan-Jones rated 1,673 CLO transactions. Senior tranche subordination averaged approximately 37.1 percent while mezzanine tranche subordination averaged 14.7 percent. Average coupons were approximately 4.9 percent for senior tranches and 7.0 percent for mezzanine tranches, with average spreads of 1.3 percent and 3.5 percent over three-month SOFR, respectively. In a sample transaction review, the MP CLO VIII portfolio contained approximately $346.2 million in collateral with a diversity score of 66 and a weighted average rating score of 3726.3. Approximately 5.4 percent of the portfolio assets were rated CCC+ or lower by other agencies. The report provides institutional investors with detailed insights into issuance trends, portfolio characteristics, and evolving credit conditions in the CLO market. **About Egan-Jones Ratings** Egan-Jones, an NRSRO founded in 1995, offers timely and accurate credit ratings and proxy services. **Media Contact: **\[email protected\] +1 212 425 0460 SOURCE Egan-Jones Ratings Company ### Related Stocks - [NCLO.US](https://longbridge.com/en/quote/NCLO.US.md) - [ICLO.US](https://longbridge.com/en/quote/ICLO.US.md) - [ACLO.US](https://longbridge.com/en/quote/ACLO.US.md) - [CLOA.US](https://longbridge.com/en/quote/CLOA.US.md) - [JAAA.US](https://longbridge.com/en/quote/JAAA.US.md) ## Related News & Research - [3 Best High-Yield (4%+) Floating-Rate Bond ETFs to Buy in 2026](https://longbridge.com/en/news/286812081.md) - [Verizon and 4 other stocks with 5% yields—and market-beating returns](https://longbridge.com/en/news/286926821.md) - [US 10-year Treasury yield expected to fall by year-end](https://longbridge.com/en/news/287011743.md) - [US 30-year Treasury yield could rise above 6%, BofA survey says](https://longbridge.com/en/news/286894243.md) - [This 7.2% yield is safe and on stronger ground than it seems](https://longbridge.com/en/news/286679043.md)