Americas Business & Information Services Weekly debt issuance, AUM, exchange traded derivative volumes and fund formation as...

Equity Research 13 September 2026 | 11:16PM PDT

AMERICAS BUSINESS & INFORMATION SERVICES

Weekly debt issuance, AUM, exchange traded derivative volumes and fund formation as of 9/14/26

Global debt issuance volumes decreased 6% y/y for the week of 9/7/26, with 8% y/y George K. Tong, CFA | growth YTD. For the week of 9/7/26, global corporate investment grade issuance Goldman Sachs & Co. LLC

increased 119% y/y, high yield issuance declined 29% and there was no leveraged Alex Lakritz | loan issuance, while global financial institutions issuance grew 14% and structured Goldman Sachs & Co. LLC finance issuance fell 43%. Period average S&P index-linked ETF AUM rose 27% y/y Sami Nasir, CFA | for the week of 9/7/26, with SPGI ESG ETF AUM up 15%, while MSCI index-linked ETF Goldman Sachs & Co. LLC AUM expanded 34%, with MSCI ESG ETF AUM up 19%. S&P-linked exchange traded derivative volumes across the CBOE and CME exchanges contracted 13% y/y for the week of 9/7/26, while MSCI-linked exchange traded derivative volumes across the Eurex and ICE exchanges decreased 13%. The total number of global funds increased 7% y/y for the week of 9/7/26, with global fund formation down 52%, while the total number of ESG funds grew 3%, with global ESG fund formation down 79%.

Exhibit 1: Weekly Global Capital Markets Update Through 9/14/26 Global Debt Issuance SPGI AUM MSCI AUM SPGI ETD MSCI ETD Volumes AUM AUM Contracts Contracts Y/Y Y/Y Y/Y Y/Y Y/Y Date ($mn) ($mn) ($mn) (000s) (000s) Quarterly 3Q '25 1 1,645,101 21% 4,345,537 20% 1,858,019 17% 763,736 12% 21,175 10% 4Q '25 0 1,261,470 5% 4,812,819 22% 2,051,218 22% 707,583 (5%) 18,594 (6%) 1Q '26 1 1,836,585 4% 5,192,677 23% 2,223,547 29% 842,640 26% 19,687 (1%) 2Q '26 0 1,859,176 33% 5,379,329 22% 2,416,614 37% 912,838 19% 24,482 2% Monthly Jun '26 1 673,684 28% 6,060,634 34% 2,710,066 39% 345,752 57% 13,547 20% Jul '26 0 417,986 (21%) 6,097,787 30% 2,708,145 36% 310,327 42% 4,613 25% Aug '26 1 433,566 0% 6,183,095 29% 2,747,364 35% 253,499 7% 3,429 13% Weekly 8/17/2026 0 93,524 14% 5,979,525 33% 2,680,956 38% 79,441 51% 1,228 48% 8/24/2026 0 72,294 (7%) 6,238,665 29% 2,787,497 34% 53,520 5% 768 (7%) 8/31/2026 1 75,264 (52%) 6,253,196 29% 2,808,079 35% 65,326 23% 1,192 15% 9/7/2026 1 154,124 (6%) 6,213,127 27% 2,806,407 34% 45,183 (13%) 2,789 (13%)

AUM figures represent period averages

Source: Dealogic, Bloomberg, CME, CBOE, Eurex, ICE, OCC, Goldman Sachs Global Investment Research

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Goldman Sachs Americas Business & Information Services

Exhibit 2: Global Capital Markets Details Through 9/14/26

Global Corporate Finance Global Total

Date Inv. Grade Y/Y High Yield Y/Y Lev. Loans Y/Y Volume Y/Y Monthly Debt Issuance ($ in millions) Jul '26 0 102,840 64% 27,753 (44%) 78,593 (59%) 417,986 (21%) Aug '26 150,783 0% 9,660 0% 33,302 0% 433,566 0% Sep '26 MTD 0 89,469 119% 10,750 (29%) 3,847 NM 225,936 (6%) Weekly Debt Issuance ($ in millions) 8/24/2026 0 23,253 16% 0 NM 1,945 (80%) 72,294 (7%) 8/31/2026 1 12,950 (73%) 1,620 (89%) 4,097 (65%) 75,264 (52%) 9/7/2026 0 76,519 119% 9,130 (29%) 0 NM 154,124 (6%)

SPGI Index-Linked ETF AUM SPGI AUM SPGI Index-Linked ETF AUM Trailing 12 Month Metrics Period End Period Avg Period Avg AUM Market Y/Y Y/Y Flows Date AUM AUM Change Impact Monthly AUM ($ in millions) Jul '26 6,108,378 29% 6,097,787 30% 1,420,660 507,991 912,669 Aug '26 0 6,257,812 28% 6,183,095 29% 1,380,965 482,814 898,151 Sep '26 MTD 6,166,842 25% 6,213,127 27% 1,327,909 476,871 851,038 Weekly AUM ($ in millions) 8/24/2026 1 6,246,979 29% 6,238,665 29% 1,398,724 479,432 919,292 8/31/2026 0 6,259,413 29% 6,253,196 29% 1,399,275 501,932 897,343 9/7/2026 1 6,166,842 25% 6,213,127 27% 1,327,909…