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CHINA RATES

China Repo Rates Fall on Tuesday

AUSSIE SWAPS

RBC: Receive 1Y1Y Vs. U.S.

AUSTRALIA

NSW COVID Cases

KRW

Won Stronger, PPI Rises Again

US PIPELINE
US PIPELINE: Quiet on high-grade corporate bond issuance so far, but this week
had $39.8B in issuance, including $5.15B Wednesday: 
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8/10 TBD    American Wtr Works A3/A investors calls Aug. 3-4 JPM/USB/WFS
8/10 TBD    Apple Aa1/AA+:Recent good earnings;did debt May,Feb after earnings
8/9 $1.25B *Procter & Gamble Aa3/AA-           5Y +38      C/GS/JPM 
8/9 $750M  *Procter & Gamble Aa3/AA-           10Y +63     C/GS/JPM 
8/9 $750M  *McCormick & Co.  Baa2/BBB          5Y +90      BAML/CS/WFS
8/9 $700M  *McCormick & Co.  Baa2/BBB          7Y +110     BAML/CS/WFS
8/9 $750M  *McCormick & Co.  Baa2/BBB          10Y+120     BAML/CS/WFS
8/9 $300M  *McCormick & Co.  Baa2/BBB          30Y+140     BAML/STRH/WFS
8/9 $650M  *Cerro Del Aguila Baa3/BBB- 10Y +190           CS/JPM/SCOT/CREDIC
8/9 E1.1B  *British Amer.Tobacco EUR 4Y 3m Euribor+50     DB/ING/NATW/SANT/SG 
8/9 E750M  *British Amer.Tobacco EUR 6.25Y MS+75          DB/ING/NATW/SANT/SG 
8/9 E1.25B *British Amer.Tobacco EUR 12.5y MS+120         DB/ING/NATW/SANT/SG 
8/9 GBP450M *British Amer.Tobacco GBP 8Y:Uk Gilt +143     DB/ING/NATW/SANT/SG