Free Trial
AUSSIE 10-YEAR TECHS

(Z2) Outlook Flips Positive

AUSSIE SWAPS

J.P.Morgan Receive 10-Year EFP

US TSYS

Cash Closed On Friday

AUSSIE 3-YEAR TECHS

(Z2) Firmer into the Close

AUSSIE BONDS

Firmer & Steeper After U.S. CPI

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

US$ Credit Supply Pipeline

Strong corporate bond issuance resumes.

Strong start to the new week after $63.85B issued prior

  • Date $MM Issuer (Priced *, Launch #)
  • 09/12 $3B #T-Mobile WNG $1.25B +10Y +185, $1B +30Y +212.5, $750M 40Y +230
  • 09/12 $3B #Home Depot $750M 3Y +40a, $1.25B 10Y +115, $1B 30Y +150
  • 09/12 $800M #CenterPoint Energy Houston $500M 10Y +115, $300M 30Y +137.5
  • 09/12 $1B #Bank of Ireland 4NC3 +265
  • 09/12 $1B #Swedbank 5Y +190

  • $63.85B Priced last week
  • 09/09 $1B Newell Brands $500M 5NCL, $500M 7NCL
  • $6.05B Priced Thursday
  • 09/08 $3B *TD Bank $1.5B 2Y +80, $1.5B 5Y +130
  • 09/08 $750M *Pacific LifeCorp 30Y +195
  • 09/08 $700M *Northwestern Mutual 5Y +98
  • 09/08 $600M *ITC 5Y +158
  • 09/08 $500M *Mitsubishi 5Y +168
  • 09/08 $500M *Tennessee Valley Auth 30Y +100
  • $19.75B Priced Wednesday
  • 09/07 $3.5B *JP Morgan 11NC10 +245
  • 09/07 $3B *IADB 7Y SOFR+46
  • 09/07 $2.5B *Bank of Montreal $1.5B 2Y +85, $1B 5Y +135
  • 09/07 $2B *AIIB 5Y SOFR+63
  • 09/07 $2B *IFC 3Y SOFR+25
  • 09/07 $1.75B *Mizuho $1B 6NC5 +205, $750M 11NC10 +240
  • 09/07 $1.5B *JBIC 3Y SOFR+58
  • 09/07 $1.25b *Stellantis Finance $550M +5Y +237.5, $700M 10Y +312.5
  • 09/07 $1B *Norinchukin Bank $500M 5Y +150, $500M 10Y +180
  • 09/07 $750M Equifax +5Y +175
  • 09/07 $500M *AON Corp 10Y +175
  • $37.05B Priced Tuesday
  • 09/06 $5B *Walmart $1.75B 3Y +35, $1B 5Y +55, $1.25B 10Y +85, $1B 30Y +100
  • 09/06 $4.75B *Lowe's $1B 3Y +85, $1.25B 10Y +170, $1.5B 30Y +215, $1B 40Y +235
  • 09/06 $4.4B *MUFG $2B 3NC2 +155, $400M 3NC2 SOFR+138.5, $1.25B 6NC5 +190, $750M 11NC10 +212.5
  • 09/06 $4B *Nestle Holdings $750M 3Y +45, $500M 5Y +70, $500M 7Y +85, $1.25B 10Y +100, $1B 30Y +120
  • 09/06 $2.5B *Kexim $1B 2Y +55, $1B 5Y +90, $500M 10Y +120
  • 09/06 $2.3B *Dollar General $750M 2Y +80, $550M 5Y +120, $700M 10Y +170, $300M 30Y +200
  • 09/06 $2.25B *John Deere $750M 3Y +50, $900M 5Y +75, $600M 10Y +105
  • 09/06 $1.9B *Union Pacific $900M +10Y +120, $600M 30Y +148, $400M +40Y +168
  • 09/06 $1.75B *BBVA $1B 4NC3 +230, $750M 6NC5 +270
  • 09/06 $1.5B *McDonald's $750M 10Y +133, $750M 30Y +168
  • 09/06 $1.2B *Oncor Electric Delivery, $700M 10Y +123, $500M 30Y +148
  • 09/06 $1B *Sumitomo $500M 3Y +125, $500M 5Y +155
  • 09/06 $1B *Orix $500M 5Y +160, $500M 10Y +190
  • 09/06 $1B *Marriott Int 5Y +175
  • 09/06 $1B *Target 10Y +120
  • 09/06 $500M *Southern Co Gas 10Y +185
  • 09/06 $500M *Santander 4NC3 Green +225
  • 09/06 $500M *Mondelez 3Y +80

  • 09/02-09/06 No new issuance
  • 09/01 $1B *OKB WNG 5Y SOFR+42

Total 2021 high-grade corporate US$ issuance at $1.879T 2021 vs. record $2.196T for 2020

Keep reading...Show less
404 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Strong start to the new week after $63.85B issued prior

  • Date $MM Issuer (Priced *, Launch #)
  • 09/12 $3B #T-Mobile WNG $1.25B +10Y +185, $1B +30Y +212.5, $750M 40Y +230
  • 09/12 $3B #Home Depot $750M 3Y +40a, $1.25B 10Y +115, $1B 30Y +150
  • 09/12 $800M #CenterPoint Energy Houston $500M 10Y +115, $300M 30Y +137.5
  • 09/12 $1B #Bank of Ireland 4NC3 +265
  • 09/12 $1B #Swedbank 5Y +190

  • $63.85B Priced last week
  • 09/09 $1B Newell Brands $500M 5NCL, $500M 7NCL
  • $6.05B Priced Thursday
  • 09/08 $3B *TD Bank $1.5B 2Y +80, $1.5B 5Y +130
  • 09/08 $750M *Pacific LifeCorp 30Y +195
  • 09/08 $700M *Northwestern Mutual 5Y +98
  • 09/08 $600M *ITC 5Y +158
  • 09/08 $500M *Mitsubishi 5Y +168
  • 09/08 $500M *Tennessee Valley Auth 30Y +100
  • $19.75B Priced Wednesday
  • 09/07 $3.5B *JP Morgan 11NC10 +245
  • 09/07 $3B *IADB 7Y SOFR+46
  • 09/07 $2.5B *Bank of Montreal $1.5B 2Y +85, $1B 5Y +135
  • 09/07 $2B *AIIB 5Y SOFR+63
  • 09/07 $2B *IFC 3Y SOFR+25
  • 09/07 $1.75B *Mizuho $1B 6NC5 +205, $750M 11NC10 +240
  • 09/07 $1.5B *JBIC 3Y SOFR+58
  • 09/07 $1.25b *Stellantis Finance $550M +5Y +237.5, $700M 10Y +312.5
  • 09/07 $1B *Norinchukin Bank $500M 5Y +150, $500M 10Y +180
  • 09/07 $750M Equifax +5Y +175
  • 09/07 $500M *AON Corp 10Y +175
  • $37.05B Priced Tuesday
  • 09/06 $5B *Walmart $1.75B 3Y +35, $1B 5Y +55, $1.25B 10Y +85, $1B 30Y +100
  • 09/06 $4.75B *Lowe's $1B 3Y +85, $1.25B 10Y +170, $1.5B 30Y +215, $1B 40Y +235
  • 09/06 $4.4B *MUFG $2B 3NC2 +155, $400M 3NC2 SOFR+138.5, $1.25B 6NC5 +190, $750M 11NC10 +212.5
  • 09/06 $4B *Nestle Holdings $750M 3Y +45, $500M 5Y +70, $500M 7Y +85, $1.25B 10Y +100, $1B 30Y +120
  • 09/06 $2.5B *Kexim $1B 2Y +55, $1B 5Y +90, $500M 10Y +120
  • 09/06 $2.3B *Dollar General $750M 2Y +80, $550M 5Y +120, $700M 10Y +170, $300M 30Y +200
  • 09/06 $2.25B *John Deere $750M 3Y +50, $900M 5Y +75, $600M 10Y +105
  • 09/06 $1.9B *Union Pacific $900M +10Y +120, $600M 30Y +148, $400M +40Y +168
  • 09/06 $1.75B *BBVA $1B 4NC3 +230, $750M 6NC5 +270
  • 09/06 $1.5B *McDonald's $750M 10Y +133, $750M 30Y +168
  • 09/06 $1.2B *Oncor Electric Delivery, $700M 10Y +123, $500M 30Y +148
  • 09/06 $1B *Sumitomo $500M 3Y +125, $500M 5Y +155
  • 09/06 $1B *Orix $500M 5Y +160, $500M 10Y +190
  • 09/06 $1B *Marriott Int 5Y +175
  • 09/06 $1B *Target 10Y +120
  • 09/06 $500M *Southern Co Gas 10Y +185
  • 09/06 $500M *Santander 4NC3 Green +225
  • 09/06 $500M *Mondelez 3Y +80

  • 09/02-09/06 No new issuance
  • 09/01 $1B *OKB WNG 5Y SOFR+42

Total 2021 high-grade corporate US$ issuance at $1.879T 2021 vs. record $2.196T for 2020

Keep reading...Show less