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Domestic Issuers Still Sidelined

PIPELINE

Still no high-grade issuance on tap for Monday, slow to migrate off sidelines after Fri's unexpected jobs gain (+467k, Nov-Dec up-rev'ns). Latest earnings cycle ongoing but winding down this week, Thu CPI likely keeping domestic names from issuing until they have better picture of inflation metric. On tap for Tuesday:

  • Date $MM Issuer (Priced *, Launch #)
  • 02/08 $Benchmark Inter-American Development Bank (IADB) 7Y SOFR+30a
  • 02/08 $500M Development Bank of Japan 3Y +30a

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