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Issuers Plying Sidelines

PIPELINE

High-grade US$ debt issuance remains muted after $40.45B priced in first two weeks of Feb. Market uncertainty over timing of Fed liftoff and intermeeting moves (quelled after the NY Fed annc's QE buying through March 9), not to mention geopol risk tied to Russia/Ukraine has eased slightly, cautious issuers still plying the sidelines.

  • Date $MM Issuer (Priced *, Launch #)
  • 02/15 $500M Israel Electric Corp WNG 10Y +200a
  • 02/14 $Benchmark Kemper investor calls, otherwise no new issuance Mon

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