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High-grade corporate/sovereign bond.....>

US PIPELINE
US PIPELINE: High-grade corporate/sovereign bond issuance rolls out smoothly
today;
- Date $MM Issuer/Rating/Desc/Maturity/Yld/Leads; Priced *; Launch #:
10/18 $900M #UnitedHealth Grp A3/A+/A- 3Y T+30        BARC/C/MIZ/USB/WFS
10/18 $300M #UnitedHealth Grp A3/A+/A- 3Y FRN 3ml+7   BARC/C/MIZ/USB/WFS
10/18 $900M #UnitedHealth Grp " "      5Y T+45        BARC/C/MIZ/USB/WFS
10/18 $950M #UnitedHealth Grp " "      10Y T+70       BARC/C/MIZ/USB/WFS
10/18 $950M #UnitedHealth Grp " "      30Y T+95       BARC/C/MIZ/USB/WFS
10/18 $2.0B *Royal Bank of Canada A1/AA-/AA 3Y+47         C/DB/RBC
10/18 $500M *Royal Bank of Canada A1/AA-/AA 3Y FRN 3ml+24 C/DB/RBC
10/18 $2.5B #Rep.of Ecuador B-/B 144a/RegS 10Y 8.875%-9.125% CS/DB/JPM
10/18 TBD    Philippines Baa2/BBB/BBB- US meetings Oct 6-13 C/DB/MS/SCB
10/18 TBD    Quatar eyed $9B in international bonds; no time set yet
10/26 $2B    China: MOF: China $2B deal Oct26? $1B 5Y, $1B 10Y in HKG
- New US$ bonds may trade on HKSE; China last sold US$ debt in 2004:$1.7B
US$/EUR 5Y,7Y

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