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Anticipate Issuance Surge

PIPELINE

Alphabet and Alphabet 6pt kicks off new week. Surge in high-grade issuance anticipated this week as latest earnings cycle starts to wind down, estimated $20-30B.

  • Date $MM Issuer (Priced *, Launch #)
  • 08/03 $Benchmark Alphabet 6pt: 5Y +40a, 7Y +55a, 10Y +75a,
  • 20Y +90a, 30Y +105a and 40Y +125a
  • 08/03 $Benchmark AstraZeneca +5Y +80a, 10Y +110a, 30Y +135a
  • 08/03 $500M #China Int Capital Corp 3Y +170
  • Limited Friday issuance, $21.5B total priced last wk
  • 07/31 $210M *Kobe City 5Y +50

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