Fixed Income Sales & Trading

Our Fixed Income Sales and Trading team’s expertise is extensive and is devoted to the distribution of a full array of fixed income products and ideas to our clients.

The team’s capability is extensive across product lines, with an average tenure of over 25 years in servicing all fixed income client needs. This expertise has helped facilitate liquidity and problem solving to many different client situations throughout the credit and interest rate cycles.

CastleOak employs 20 fixed income professionals responsible for an average daily trading volume of $1.9 billion. Our approach is simple: We strive to identify and efficiently communicate superior relative value to all our clients. Our professionals have deep experience and expertise, and we leverage this knowledge with unique use of technology.

The Fixed Income team transacts in a variety of asset classes in both the primary and secondary markets:

U.S. Treasuries
Government Agencies & GSEs
Supranationals
Corporates
Money Markets
  • Commercial paper
  • Yankee CDs
Structured Products
  • MBS
  • ABS
  • CMBS
  • CRT
Preferreds

Notable New & Recent Transactions

November 17, 2022
$891,000,000
Verizon Wireless

VZMT 2022-7 A1A 11/22/2027  

VZMT 2022-7 A1B 11/22/2027

Co-Manager
CastleOak Securities, L.P.
November 16, 2022
$429,000,000
Santander Consumer USA

SDART 2022-7 A2 1/15/2026

SDART 2022-7 A3 4/15/2027

Co-Manager
CastleOak Securities, L.P.
November 7, 2022
$600,000,000
Southern California Gas Co.

6.350% Notes due 2052

Co-Manager
CastleOak Securities, L.P.
November 7, 2022
$2,000,000,000
Bank of America

6.204% Notes due 2028

Co-Manager
CastleOak Securities, L.P.
November 4, 2022
$750,000,000
Public Service Enterprise Group

5.850% Notes due 2027

Co-Manager
CastleOak Securities, L.P.
November 1, 2022
$1,000,000,000
State Street Corp.

5.751% Notes due 2026 (4NC3  Sustainability Notes)    

5.820% Notes due 2028 (6NC5)

Co-Manager
CastleOak Securities, L.P.
October 25, 2022
$900,000,000
Capital One

COMET 2022-A3

Co-Manager
CastleOak Securities, L.P.
October 25, 2022
$1,500,000,000
Barclays PLC

7.385% Notes due 2028 (6NC5)

Co-Manager
CastleOak Securities, L.P.
October 24, 2022
€2,500,000,000
Verizon Communications

4.250% Notes due 2030 (8yr Euro)  

4.750% Notes due 2034 (12yr Euro)

Co-Manager
CastleOak Securities, L.P.
October 20, 2022
$2,500,000,000
Royal Bank of Canada

5.660% Notes due 2024

6.000% Notes due 2027

Co-Manager
CastleOak Securities, L.P.
October 19, 2022
$4,000,000,000
Lockheed Martin Corp.

4.950% Notes due 2025

5.100% Notes due 2027

5.250% Notes due 2033

5.700% Notes due 2054

5.900% Notes due 2063

Co-Manager
CastleOak Securities, L.P.
October 14, 2022
$3,000,000,000
Morgan Stanley & Co.

6.342% Notes due 2033

Lead-Manager
CastleOak Securities, L.P.
October 7, 2022
$267,000,000
New Residential

NRMLT 2022-NQM5 (Various)

Co-Manager
CastleOak Securities, L.P.
October 6, 2022
$1,250,000,000
General Motors Financial

6.050% Notes due 2025

Co-Manager
CastleOak Securities, L.P.
September 7, 2022
$1,750,000,000
Mizuho Financial Group

5.414% Notes due 2028

5.669% Notes due 2033

Co-Manager
CastleOak Securities, L.P.
September 6, 2022
$1,500,000,000
McDonald's Corp.

4.600% Notes due 2032

5.150% Notes due 2052

Co-Manager
CastleOak Securities, L.P.
September 6, 2022
$2,300,000,000
Dollar General Corp.

4.250% Notes due 2024

4.625% Notes due 2027

5.000% Notes due 2032

5.500% Notes due 2052

Co-Manager
CastleOak Securities, L.P.
September 1, 2022
$536,000,000
AFLAC

1.075% Global Yen Notes due 2029

1.320% Global Yen Notes due 2032

1.549% Global Yen Notes due 2037

2.144% Global Yen Notes due 2052

Co-Manager
CastleOak Securities, L.P.
August 29, 2022
$203,000,000
Credit Suisse AG (NY Branch)

CSMC 2022-ATH3 (Various Tranches)

Co-Manager
CastleOak Securities, L.P.
August 18, 2022
$2,500,000,000
Credit Suisse AG (NY Branch)

4.750% Notes due 2024

5.000% Notes due 2027

Co-Manager
CastleOak Securities, L.P.
August 18, 2022
$1,500,000,000
Synchrony Bank

5.400% Notes due 2025

5.625% Notes due 2027

Co-Manager
CastleOak Securities, L.P.
August 16, 2022
$2,000,000,000
Eaton Corp.

4.150% Notes due 2033

4.700% Notes due 2052

Co-Manager
CastleOak Securities, L.P.
August 15, 2022
$500,000,000
Ameren Illinois

3.850% FMB Notes due 2032

Co-Manager
CastleOak Securities, L.P.
August 8, 2022
$2,000,000,000
Wells Fargo & Co.

4.540% Notes due 2026

Lead Manager
CastleOak Securities, L.P.
August 8, 2022
$6,250,000,000
Credit Suisse AG (NY Branch)

6.373% Notes due 2026

6.442% Notes due 2028

6.537% Notes due 2033

Co-Manager
CastleOak Securities, L.P.
November 17, 2022
$891,000,000
Verizon Wireless

VZMT 2022-7 A1A 11/22/2027  

VZMT 2022-7 A1B 11/22/2027

Co-Manager
CastleOak Securities, L.P.
November 16, 2022
$429,000,000
Santander Consumer USA

SDART 2022-7 A2 1/15/2026

SDART 2022-7 A3 4/15/2027

Co-Manager
CastleOak Securities, L.P.
November 7, 2022
$600,000,000
Southern California Gas Co.

6.350% Notes due 2052

Co-Manager
CastleOak Securities, L.P.
November 7, 2022
$2,000,000,000
Bank of America

6.204% Notes due 2028

Co-Manager
CastleOak Securities, L.P.
November 4, 2022
$750,000,000
Public Service Enterprise Group

5.850% Notes due 2027

Co-Manager
CastleOak Securities, L.P.
November 1, 2022
$1,000,000,000
State Street Corp.

5.751% Notes due 2026 (4NC3  Sustainability Notes)    

5.820% Notes due 2028 (6NC5)

Co-Manager
CastleOak Securities, L.P.
October 25, 2022
$900,000,000
Capital One

COMET 2022-A3

Co-Manager
CastleOak Securities, L.P.
October 25, 2022
$1,500,000,000
Barclays PLC

7.385% Notes due 2028 (6NC5)

Co-Manager
CastleOak Securities, L.P.
October 24, 2022
€2,500,000,000
Verizon Communications

4.250% Notes due 2030 (8yr Euro)  

4.750% Notes due 2034 (12yr Euro)

Co-Manager
CastleOak Securities, L.P.
October 20, 2022
$2,500,000,000
Royal Bank of Canada

5.660% Notes due 2024

6.000% Notes due 2027

Co-Manager
CastleOak Securities, L.P.
October 19, 2022
$4,000,000,000
Lockheed Martin Corp.

4.950% Notes due 2025

5.100% Notes due 2027

5.250% Notes due 2033

5.700% Notes due 2054

5.900% Notes due 2063

Co-Manager
CastleOak Securities, L.P.
October 14, 2022
$3,000,000,000
Morgan Stanley & Co.

6.342% Notes due 2033

Lead-Manager
CastleOak Securities, L.P.
October 7, 2022
$267,000,000
New Residential

NRMLT 2022-NQM5 (Various)

Co-Manager
CastleOak Securities, L.P.
October 6, 2022
$1,250,000,000
General Motors Financial

6.050% Notes due 2025

Co-Manager
CastleOak Securities, L.P.
September 7, 2022
$1,750,000,000
Mizuho Financial Group

5.414% Notes due 2028

5.669% Notes due 2033

Co-Manager
CastleOak Securities, L.P.
September 6, 2022
$1,500,000,000
McDonald's Corp.

4.600% Notes due 2032

5.150% Notes due 2052

Co-Manager
CastleOak Securities, L.P.
September 6, 2022
$2,300,000,000
Dollar General Corp.

4.250% Notes due 2024

4.625% Notes due 2027

5.000% Notes due 2032

5.500% Notes due 2052

Co-Manager
CastleOak Securities, L.P.
September 1, 2022
$536,000,000
AFLAC

1.075% Global Yen Notes due 2029

1.320% Global Yen Notes due 2032

1.549% Global Yen Notes due 2037

2.144% Global Yen Notes due 2052

Co-Manager
CastleOak Securities, L.P.
August 29, 2022
$203,000,000
Credit Suisse AG (NY Branch)

CSMC 2022-ATH3 (Various Tranches)

Co-Manager
CastleOak Securities, L.P.
August 18, 2022
$2,500,000,000
Credit Suisse AG (NY Branch)

4.750% Notes due 2024

5.000% Notes due 2027

Co-Manager
CastleOak Securities, L.P.
August 18, 2022
$1,500,000,000
Synchrony Bank

5.400% Notes due 2025

5.625% Notes due 2027

Co-Manager
CastleOak Securities, L.P.
August 16, 2022
$2,000,000,000
Eaton Corp.

4.150% Notes due 2033

4.700% Notes due 2052

Co-Manager
CastleOak Securities, L.P.
August 15, 2022
$500,000,000
Ameren Illinois

3.850% FMB Notes due 2032

Co-Manager
CastleOak Securities, L.P.
August 8, 2022
$2,000,000,000
Wells Fargo & Co.

4.540% Notes due 2026

Lead Manager
CastleOak Securities, L.P.
August 8, 2022
$6,250,000,000
Credit Suisse AG (NY Branch)

6.373% Notes due 2026

6.442% Notes due 2028

6.537% Notes due 2033

Co-Manager
CastleOak Securities, L.P.
November 17, 2022
$891,000,000
Verizon Wireless

VZMT 2022-7 A1A 11/22/2027  

VZMT 2022-7 A1B 11/22/2027

Co-Manager
CastleOak Securities, L.P.
November 16, 2022
$429,000,000
Santander Consumer USA

SDART 2022-7 A2 1/15/2026

SDART 2022-7 A3 4/15/2027

Co-Manager
CastleOak Securities, L.P.
November 7, 2022
$600,000,000
Southern California Gas Co.

6.350% Notes due 2052

Co-Manager
CastleOak Securities, L.P.
November 7, 2022
$2,000,000,000
Bank of America

6.204% Notes due 2028

Co-Manager
CastleOak Securities, L.P.
November 4, 2022
$750,000,000
Public Service Enterprise Group

5.850% Notes due 2027

Co-Manager
CastleOak Securities, L.P.
November 1, 2022
$1,000,000,000
State Street Corp.

5.751% Notes due 2026 (4NC3  Sustainability Notes)    

5.820% Notes due 2028 (6NC5)

Co-Manager
CastleOak Securities, L.P.
October 25, 2022
$900,000,000
Capital One

COMET 2022-A3

Co-Manager
CastleOak Securities, L.P.
October 25, 2022
$1,500,000,000
Barclays PLC

7.385% Notes due 2028 (6NC5)

Co-Manager
CastleOak Securities, L.P.
October 24, 2022
€2,500,000,000
Verizon Communications

4.250% Notes due 2030 (8yr Euro)  

4.750% Notes due 2034 (12yr Euro)

Co-Manager
CastleOak Securities, L.P.
October 20, 2022
$2,500,000,000
Royal Bank of Canada

5.660% Notes due 2024

6.000% Notes due 2027

Co-Manager
CastleOak Securities, L.P.
October 19, 2022
$4,000,000,000
Lockheed Martin Corp.

4.950% Notes due 2025

5.100% Notes due 2027

5.250% Notes due 2033

5.700% Notes due 2054

5.900% Notes due 2063

Co-Manager
CastleOak Securities, L.P.
October 14, 2022
$3,000,000,000
Morgan Stanley & Co.

6.342% Notes due 2033

Lead-Manager
CastleOak Securities, L.P.
October 7, 2022
$267,000,000
New Residential

NRMLT 2022-NQM5 (Various)

Co-Manager
CastleOak Securities, L.P.
October 6, 2022
$1,250,000,000
General Motors Financial

6.050% Notes due 2025

Co-Manager
CastleOak Securities, L.P.
September 7, 2022
$1,750,000,000
Mizuho Financial Group

5.414% Notes due 2028

5.669% Notes due 2033

Co-Manager
CastleOak Securities, L.P.
September 6, 2022
$1,500,000,000
McDonald's Corp.

4.600% Notes due 2032

5.150% Notes due 2052

Co-Manager
CastleOak Securities, L.P.
September 6, 2022
$2,300,000,000
Dollar General Corp.

4.250% Notes due 2024

4.625% Notes due 2027

5.000% Notes due 2032

5.500% Notes due 2052

Co-Manager
CastleOak Securities, L.P.
September 1, 2022
$536,000,000
AFLAC

1.075% Global Yen Notes due 2029

1.320% Global Yen Notes due 2032

1.549% Global Yen Notes due 2037

2.144% Global Yen Notes due 2052

Co-Manager
CastleOak Securities, L.P.
August 29, 2022
$203,000,000
Credit Suisse AG (NY Branch)

CSMC 2022-ATH3 (Various Tranches)

Co-Manager
CastleOak Securities, L.P.
August 18, 2022
$2,500,000,000
Credit Suisse AG (NY Branch)

4.750% Notes due 2024

5.000% Notes due 2027

Co-Manager
CastleOak Securities, L.P.
August 18, 2022
$1,500,000,000
Synchrony Bank

5.400% Notes due 2025

5.625% Notes due 2027

Co-Manager
CastleOak Securities, L.P.
August 16, 2022
$2,000,000,000
Eaton Corp.

4.150% Notes due 2033

4.700% Notes due 2052

Co-Manager
CastleOak Securities, L.P.
August 15, 2022
$500,000,000
Ameren Illinois

3.850% FMB Notes due 2032

Co-Manager
CastleOak Securities, L.P.
August 8, 2022
$2,000,000,000
Wells Fargo & Co.

4.540% Notes due 2026

Lead Manager
CastleOak Securities, L.P.
August 8, 2022
$6,250,000,000
Credit Suisse AG (NY Branch)

6.373% Notes due 2026

6.442% Notes due 2028

6.537% Notes due 2033

Co-Manager
CastleOak Securities, L.P.
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