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$1B Kommuninvest +2Y Priced; Awaiting BoA 5Pt Jumbo Details

PIPELINE
  • Date $MM Issuer (Priced *, Launch #)
  • 02/01 $Benchmark Bank of America 5pt jumbo: 3NC2 +80a, 3NC2 SOFR, 6NC5 +110a, 6NC5 SOFR, 11NC10 +135a
  • 02/01 $1B *Kommuninvest +2Y SOFR+15
  • 02/01 $500M CAF 5Y SOFR+85
  • 02/01 $500N Tyco Electronics Group 10Y +120a
Note: Last year Bank of America issued a total of $15B on April 16 ( $2.25B 4NC3 +65, $600M 4NC3 FRN SOFR+69, $3.75B 6.25NC5.25 +90, $400M 6.25NC5.25 FRN SOFR+97, $4.5B 11NC10 +110, $3.5B 21NC20 +115.
The month prior, BoA issued $5.5B last month on March 8: $2.5B 6NC5 +80, $2B 11NC10 +105, $1B 31NC30 +115. Compares to total of $9.5B debt issued by BoA for all of 2020.

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