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PIPELINE

High-Grade Corporate Issuance Review

US TSYS SUMMARY

Edging Higher Pre-FOMC

ITALY AUCTION RESULTS

Specialist tap results

EQUITIES

Stocks Mixed, But Non-Directional Pre-Fed

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The Japanese Ministry of Finance (MOF) sells Y397.7bn of 1-5 Year JGBs in a liquidity enhancement auction:
  • Average Spread: -0.005% (prev. -0.003%)
  • High Spread: -0.004% (prev. -0.002%)
  • % Allotted At High Spread: 93.2832% (prev. 73.4497%)
  • Bid/Cover: 4.533x (prev. 3.999x)