MNI BRIEF: Trump Tariffs To Push China, EU Cooperation - BOC

MNI: PBOC Net Drains CNY156.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1877 Fri; -1.39% Y/Y

MNI BRIEF: China May Inject CNY1 Trln To Replenish Big Banks

MNI BRIEF: China Sees Progress On EU EV Deal

MNI: PBOC Net Drains CNY279.8 Bln via OMO Thursday

MNI JAPAN NOV TOKYO CORE CPI +2.2% Y/Y; OCT +1.8%

MNI: GERMANY NOVEMBER FLASH HICP -0.7% M/M (FCST: -0.5%)

MNI: GERMANY NOV CPI +2.2% Y/Y

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Philip Morris, BHP Billiton, VW Prior Issuance Comparison

PIPELINE

Of the surge in corporate bond issuers (24) crowding traders screens this morning, three multi-tranche issuers likely to lead in size. Philip Morris, BHP Billiton and Volkswagen listed below includes prior issuance details for comparison:

  • Date $MM Issuer (Priced *, Launch #)
  • 09/05 $Benchmark Philip Morris 5Y +120a, 7Y +145a, 10Y +175a (issued $5.25B on Feb 13, 2023: $1.25B 3Y +80, $1B 5Y +110, $1.5B 7Y +145, $1.5B 10Y +170)
  • 09/05 $Benchmark BHP Billiton 3Y +75a, 5Y +90a, 7Y +100a, 10Y +125a, 30Y +140a (issued $2.75B on Feb 23, 2023: $1B 3Y +55, $1B 5Y +75, $750M 10Y +105)
  • 09/05 $Benchmark Volkswagen AM 2Y +100a, 2Y SOFR, 3Y +120a, 5Y +140a, 10Y +175a (issued $3B on May 31, 2022: $500M 2Y SOFR+95, $900M 3Y +125, $1.1B 5Y +155, $500M 7Y +175a)
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.