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Only moderate US$ high-grade............>

US PIPELINE
US PIPELINE: Only moderate US$ high-grade corporate bond issuance is showing up
today after Wed's torrid $14.3B pace:
-
Date $MM Issuer/Rating/Desc/Maturity/Yld/Leads; Priced *; Launch #:
10/12 TBD   Philippines Baa2/BBB/BBB- US meetings Oct 6-13 C/DB/MS/SCB
10/12 $3.0B #FHLBanks 2-year global note: UST +8 bps; BARC/C/MS
10/12 $300M Intercorp Fincl Srvs 10Y +237.5 bps BAML/INTER/JPM
10/12 BM    Gerdau BBB-/BBB- 144a/RegS T+5%s low/mid C/SANT
10/12 TBD   Quatar eyed $9B in international bonds; no time set yet
10/12 $2B   China: MOF: China to do $2B deal:$1B 5Y, $1B 10Y in HKG
- Issuance date to be unveiled in coming days; bonds to trade on HKSE 
- China last sold $ debt in 2004: $1.7B US$/EUR 5Y, 7Y deal
- S&P downgraded China rating by one step Sep 21 to A+, stable outlook
10/12 TBD  Kia Mtrs Baa2/A-/BBB+ 144a/RgS rdshw Oct9 BNP/BAML/C/CA/HSBC/NOM
10/12 TBD  Hanjin Bank: Potentl US$ deal w/ KEXIM Guar? BNP/DAIWA/GS

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