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Last Thu's $12.5B 5pt jumbo issuance.......>

PIPELINE
PIPELINE: Last Thu's $12.5B 5pt jumbo issuance from ATT lead last wk's $60.15B
total issuance; running total May issuance up to $234.7B (compares to April 2020
record high of $401.325B, March 2020 with $275.48B). Kicking off this week:
Date $MM Issuer/Rating/Desc/Maturity/Yld; Priced *; Launch #
05/26 $1B Microchip 3Y +275a
05/26 $500M Kellogg WNG 10Y +175a
05/26 $400M Interstate Power & Light WNG 10Y +205a
05/26 $Benchmark Applied Materials 10Y +150a, 30Y +175a
05/26 $Benchmark Stryker 5Y +115a, 10Y +155a, 30Y +180a
05/26 $Benchmark Total Capital Int 30Y +205a
05/26 $Benchmark Wells Fargo 4NC3, 8NC7
05/26 $Benchmark Citigroup 11NC10 +215a
05/26 $Benchmark Swedbank 3Y +135a
05/26 $Benchmark BNG 10Y +43a

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