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Foreign Bank USD Issuance Resumes

PIPELINE
  • Date $MM Issuer (Priced *, Launch #)
  • 01/21 $1B Kommunekredit WNG 5Y +9
  • 01/21 $1B Development Bank of Japan WNG 10Y +22
  • 01/21 $1B Canada Pension Plan Inv Brd (CPPIB) 10Y +24
  • 01/21 $Benchmark European Bank for R&D (EBRD) 5Y +3
  • $25.9B Priced Wednesday; $42.46B/wk
  • 01/20 $7.5B *Morgan Stanley $3B 3NC2 +40, $2.5B 11.25NC10.25 fix/FRN +85, $2B 31NC30 fix/FRN +97
  • 01/20 $5.5B *Goldman Sachs $2.25B 2NC1 +35, $750M 2NC1 FRN SOFR+41, $2.5B 11NC10 fix/FRN +90
  • 01/20 $3B *Asia Infrastructure Inv Bank (AIIB) 5Y +6
  • 01/20 $2.45B *Panama $1.25B 2032 tap +112, $1.2B 2060 tap +155
  • 01/20 $2B *Gazprom 8Y 2.95%
  • 01/20 $2B *Bahrain $500M 7Y 4.25%, $1B 12Y 5.25%, $500M 30Y 6.25%
  • 01/20 $1B *QNB Finance (Qatar National Bank) 5Y +95
  • 01/20 $450M *Korean Southern Power 5Y +40

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