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$3.6B To Price Wed; ADB Rolled to Thu

PIPELINE

Flurry of corporate issuance around the Tsy 20Y Bond auction/stop.

  • Date $MM Issuer (Priced *, Launch #)
  • 04/18 $1B #Baidu $300M 5.5Y +83, $700M 10Y +113
  • 04/18 $1B #HDFC Bank inaugural 5Y 3.7%
  • 04/18 $1B #AON Corp $400M 10Y +80, $600M 30Y +100
  • 04/18 $600M #Principal Life $300M 3Y +33, $300M 3ZY FRN/SOFR+38
  • Rolled to Thursday:
  • 04/19 $Benchmark ADB 5Y FRN/SOFR +18a

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