Corporate CUSIP Requests Rise in September
News related to:CUSIP Global Services · 2 min read
NORWALK, Conn., Oct. 08, 2026 /CourierPR/ -- CUSIP Global Services (CGS), the global leader in securities identification, has released its CUSIP Issuance Trends Report for September 2026, revealing a notable uptick in corporate CUSIP request volumes. According to the report, 9,100 new corporate CUSIP requests were issued in September, marking a 6.5% increase from the previous month. On an annualized basis, this figure represents a 10.3% increase over September 2025 totals. Specifically, requests for new U.S. corporate debt identifiers increased by 6.3%, while requests for new U.S. corporate equity identifiers surged by 17.6% for the month.
The report also noted a modest increase in municipal CUSIP requests, with a 2.0% rise in identifier requests for new municipal securities compared to August totals. However, on a year-over-year basis, overall municipal volumes were down 1.5% through the end of September. Texas led the way in state-level municipal request volume, with 184 new CUSIP requests in September, followed by New York (175) and California (104).
International CUSIP requests also saw significant growth, with international equity CUSIPs increasing by 41.6% in September. International debt CUSIP requests rose by 26.6%, though on an annualized basis, international equity CUSIP requests were down 0.6% and international debt CUSIP requests were up 11.5%.
CUSIP Global Services, founded in 1971, has been instrumental in the standardization of securities identification, earning its reputation as the industry standard provider of reliable, timely reference data. As the American Bankers Association's voice on the nation’s $25.1 trillion banking industry, CGS plays a crucial role in ensuring the efficient functioning of global capital markets. With over 2 million employees safeguarding $19.7 trillion in deposits and extending $13.2 trillion in loans, the financial services industry relies on CGS for its unrivaled expertise in uniquely identifying instruments and entities.
The report highlights the robust activity in the corporate sector, particularly in equity issuance.
Additionally, the report provides a detailed breakdown of new CUSIP identifier requests by asset class year-to-date through September 2026. This comprehensive data underscores the diverse nature of the securities market and the varying levels of activity across different sectors. The data also reveals that Texas, New York, and California continue to dominate municipal CUSIP request volumes, reflecting the robust local economies and active municipal bond markets in these states.
The trends in international CUSIP requests are equally significant. International equity CUSIPs saw a substantial 41.6% increase in September, while international debt CUSIP requests rose by 26.6%. On an annualized basis, international equity CUSIP requests were down 0.6%, while international debt CUSIP requests were up 11.5%. These figures suggest a mixed but overall positive trend in international securities issuance, with a slight dip in equity issuance but a steady increase in debt issuance.
In conclusion, the CUSIP Issuance Trends Report for September 2026 paints a picture of a dynamic and evolving securities market. The significant increases in corporate and international CUSIP requests, particularly in equity issuance, indicate a robust pre-market activity and a growing appetite for new securities. These trends are closely watched by financial analysts and investors as they provide early indicators of market sentiment and potential future activity.