MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI: US NOV CPI 0.3%, CORE 0.3%; CPI Y/Y 2.7%, CORE Y/Y 3.3%

MNI: US NOV SUPERCORE CPI (CORE SERVICES EX-HOUSING) 0.342%

MNI: US NOV CPI UNROUNDED M/M 0.313%, CORE 0.308%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

PIPELINE: Corporate Bond Issuance Roundup

PIPELINE
BulletMarketsFixed Income Bullets

A total of $7.15B high grade corporate debt priced Wednesday, $30.54B running total for the week. Corporate issuance is expected to dry up in the near term, however, as the next earnings cycle picks up steam Friday with Wells Fargo, Bank of NY Mellon, JP Morgan and Blackrock reporting before the open.

  • Date $MM Issuer (Priced *, Launch #)
  • 10/09 $1.8B *Cleveland-Cliffs $900M 5NC2 6.875%, $900M 8.5NC3.5 7.375%
  • 10/09 $1.25B *Rabobank $750M 5Y +60, $500M 5Y SOFR+89
  • 10/09 $1B *Navoi Mining WNG $500M 4Y 6.7%, $500M 7Y 6.95%
  • 10/09 $850M *Braskem 10Y 8%
  • 10/09 $750M *Ares Mngmt 30Y +130
  • 10/09 $500M *Dubai Islamic Bnk PerpNC6 5.25
  • 10/09 $500M *Jefferies Finance 7NC3 6.625%
  • 10/09 $500m *Kexim (Imp/Exp Bank of Korea) 3Y +36
112 words

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.

A total of $7.15B high grade corporate debt priced Wednesday, $30.54B running total for the week. Corporate issuance is expected to dry up in the near term, however, as the next earnings cycle picks up steam Friday with Wells Fargo, Bank of NY Mellon, JP Morgan and Blackrock reporting before the open.

  • Date $MM Issuer (Priced *, Launch #)
  • 10/09 $1.8B *Cleveland-Cliffs $900M 5NC2 6.875%, $900M 8.5NC3.5 7.375%
  • 10/09 $1.25B *Rabobank $750M 5Y +60, $500M 5Y SOFR+89
  • 10/09 $1B *Navoi Mining WNG $500M 4Y 6.7%, $500M 7Y 6.95%
  • 10/09 $850M *Braskem 10Y 8%
  • 10/09 $750M *Ares Mngmt 30Y +130
  • 10/09 $500M *Dubai Islamic Bnk PerpNC6 5.25
  • 10/09 $500M *Jefferies Finance 7NC3 6.625%
  • 10/09 $500m *Kexim (Imp/Exp Bank of Korea) 3Y +36