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In times of ZIRP/NIRP, deman for...........>

PIPELINE
PIPELINE: In times of ZIRP/NIRP, deman for high-grade corp issuance remains
strong. Issuers adding to nearly $56B for wk, June running total already >$140B
Date $MM Issuer/Rating/Desc/Maturity/Yld; Priced *; Launch #
06/18 $Benchmark T-Mobile +5Y +140a, +7Y +180a, +10Y +215a
06/18 $Benchmark Haitong 3Y +200a
06/18 $Benchmark China Oilfield 5Y +158a, 10Y +190a

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