US$ Credit Supply Pipeline: Repost October Roundup

$126.455B Running total for October

Date $MM Issuer (Priced *, Launch #)
11/04 $Benchmark Videotron +10Y +160a
11/01 No new issuance Friday
$4.9B Priced Thursday; $36.54B/wk, $126.455B Running total for October
10/31 $1.5B *Martin Marietta $750M 10Y +97, $750M 30Y +117
10/31 $1.25B *New Development Bank 3Y SOFR+80
10/31 $1B *Ford Motor Cr 7Y +183
10/31 $600M *Horizon Mutual Holdings 10Y +195
10/31 $550M *Edison Int +7Y +105
$18.05B Priced Wednesday
10/30 $7.25B *Marsh McLennan $950M 3Y +45, $300M 3Y SOFR+70, $1B +5Y +55, $1B 7Y +65, $2B +10Y +75, $500M 20Y +75, $1.5B +30Y +95
10/30 $5.2B *Waste Management $1B +3Y +45, $700M +5Y +55, $750M +7Y +65, $1.5B +10Y +75, $1.25B 30Y +87.5
10/30 $3B *Philip Morris $750M 3Y +50, $750M 5Y +65, $750M 7Y +80, $750M 10Y +92
10/30 $1B *Kingdom of Belgium WNG 10Y +64
10/30 $600M Marex Group 5Y +225
10/30 $500M *CenterPoint Energy WNG +10Y +83
10/30 $500M *Swedish Export Credit 2.5Y SOFR+35
$5.35B Priced Tuesday
10/29 $1.25B *Newell Brands $750M 5.5NC 6.375%, $500M 7.5NC 6.625%
10/29 $1.25B *Beacon Funding Trust 30Y +175
10/29 $1B *Garda World Security Corp 8NC3
10/29 $850M *Hyundai Capital AM 3Y +80 (SOFR leg dropped)
10/29 $500M *Centerpoint Energy 30.5NC5.25 6.7%
10/29 $500M *Synovus 6NC5 +205
10/29 $Benchmark Horizon Mutual investor calls
0/29 $Benchmark Marsh & McLennan investor calls
$8.24B Priced Monday
10/28 $3.64B *Colombia $2B 12Y 7.8%, $1.64B 30Y 8.5%
10/28 $1.5B *Amphenol $250M Tap 2027 +45, $750M +10Y +78, $500M 30Y +95
10/28 $1.5B *DNB Bank $1.15 6NC5 +75, $350M 6NC5 SOFR+106
10/28 $1.1B *Aeromexico $500M 5NC2 8.375%, $610M 7NC3 8.75%
10/28 $500M *CIBC 60.25NC5.25 6.95%
10/28 $Benchmark Synovus investor call
10/28 $Benchmark Liberty Mutual investor calls
10/28 $Benchmark Trans-Oil Group 5NC2 investor calls
10/24-25 No new US$ corporate issuance Thursday/Friday, $13.45B total priced on week
$2B Priced Wednesday
10/23 $1B *Kommunivest WNG 2026 SOFR+29
10/23 $1B *IFFIm 3Y SOFR+43
$8.7B Priced Tuesday
10/22 $3.5B *Bank of America 11NC10 +132
10/22 $5.2B *Elevance Health $350M 2Y +48, $750M +5Y +80, $750M 7Y +90, $1.2B +10Y +105, $1.35B +30Y +125, $800M 40Y +138
$2.75B Priced Monday
10/21 $1.75B *American Honda $750M 3Y +53, $300M 3Y SOFR+72, $700M 7Y +80
10/21 $1B *P&G $500M 5Y +22, $500M 10Y +37
10/18 No new issuance Friday, $30.775B/ total last wk
$6.2B Priced Thursday
10/17 $2.3B *State Street $1.2B 3Y +43, $300M 3Y SOFR+64, $800M 8NC7 +68
10/17 $1.75B *US Bank $1.25B 3NC2 +52, $500M 3NC2 SOFR+69
10/17 $1.15B *Jane Street Group 8NC3 +6.125%
10/17 $1B *RBC 60NC10 6.35%
$16.575B Priced Wednesday
10/16 $5.75B *Morgan Stanley 3NC2 +52, $1B 3NC2 SOFR+68.5, $3B 6NC5 +82
10/16 $5.5B *Goldman Sachs $2.5B 6NC5 +85, $3.5B 11NC10 +100
10/16 $1.75B *Ecopetrol +7Y 7.8%
10/16 $1.5B *PNC Financial 8NC7 +90
10/16 $925M NRG Energy
10/16 $650M *Export Financing Australia 5Y SOFR+46
10/16 $500M *Antares Holdings 5Y +260
10/15 $8B JP Morgan $2B 4NC3 +65, $500M 4MC3 SOFR+86, $2.5B 6NC5 +75, $3B 11NC10 +92
10/14 No new issuance
10/10-10/11 No new corporate issuance Thursday-Friday, $30.54B/wk
$7.15B Priced Wednesday
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
$16.2B Priced Tuesday
10/08 $5B *World Bank 5Y +39
10/08 $4.7B *Royal Bank of Canada $750M 3NC2 +55, $650M 3NC2 SOFR+72, $850M 4NC3 +65, $450M 4NC3 SOFR+86, $2B 6NC5 +80
10/08 $1.5B *NWB 2Y SOFR+33
10/08 $1.5B *Standard Chartered 6NC5 +115
10/08 $1.25B *Islamic Development Bank5Y SOFR+50
10/08 $1B *KDB (Korea Development Bank) WNG 3Y SOFR+60
10/08 $750M *Sharjah 10.5Y +140
10/08 $500M *Norinchukin Bank 5Y +123
$7.19B Priced Monday
10/07 $3B *Toyota Motor Cr $1B 1.5Y SOFR+45, $1.25B 3Y +47, $750M 7Y +72
10/07 $1.44B *Chile Electricity Lux 11Y +165
10/07 $1.25B *KBC Group 6NC5 +107
10/07 $900M *Eastern Energy Gas 30Y +135
10/07 $600M *Athene 30NC10 6.625%
10/04 No new US$ corporate issuance Friday, $15.15B total on wk
$5.1B Priced Thursday
10/03 $1.5B *National Bank of Canada 5Y +92
10/03 $1.5B *Kazakhstan +10Y +88
10/03 $600M *Athene Global Funding 5Y +110
10/03 $500M *Apollo Global 30NC10 6%
10/03 $500M *McCormick & Co WNG 10Y +90
10/03 $500M *Ooredoo Int Finance WNG 10Y +80
$7.55B Priced Wednesday, $14.05/wk
10/02 $1.75B *Canada Pension Plan (CPPIB) 3Y SOFR+45
10/02 $1.75B *Taqa $900M 7Y +85, $850M +12Y +105
10/02 $1.1B *Caesars Entertainment 8NC3 6%
10/02 $1B *MuniFin 5Y SOFR+46
10/02 $750M *Nama 7Y Sukuk +165
10/02 $600M *Keysight 10Y +118
10/02 $600M *Goodman US Finance 10Y +140
$6.5B Priced Tuesday
10/01 $5B *Accenture Capital $1.1B 3Y +42, $1.2B 5Y +57, $1.2B 7Y +67, $1.5B 10Y +77
10/01 $1.5B *Dell International $700M +5Y +85, $800M +10Y +115
10/01 $1.4B *Latam Airlines 6Y 7.875%
10/01 $1.25B *Alaska Airlines $625M 5Y +150, $625M 7Y +170
10/01 $750M *Ferguson Ent 10Y +127
10/01 $600M *IADB 2029 Tap SOFR+37
10/01 $500M *F&G Annuities & Life 10Y +260
10/01 $500M *Africa Finance Corp WNG 5Y 5.55%
9/30 $3.905B Priced Monday, September wraps up with $224.75B total ($94.625B priced in the first week of the month), $513.125B total for Q3.

Oct'24	$126.445B
Sep'24	$224.75B total; $513.125B Q3
Aug'24	$137.475B
Jul'24	$150.9B
Jun'24	$122.875B; $443.055B Q2
May'24	$160.85B
Apr'24	$159.33B total for the month
Mar'24	$186.625B; $736.175B Q1
Feb'24	$254.2B
Jan'24	$295.35B, highest since April 2020
Dec'23	$28.1B; $1.560T total of 2023 vs. $1.463T for 2022
Nov'23	$131.7B
Oct'23	$108.3B
Sep'23	$165.25B; $348.775B Q3
Aug'23	$79.45B
Jul'23	$104.075B
Jun'23	$113.195B; $403.605B Q2
May'23	$168.22B
Apr'23	$122.19B
Mar'23	$122.05B; $540.175B Q1
Feb'23	$186.7B
Jan'23	$231.425B
Dec'22	$7.75B; $1.463T total for 2022 vs. $1.879T in 2021
Nov'22	$115.9B
Oct'22	$51.85B
Sep'22	$105.25B; $1.287T through Q3
Aug'22	$168.5B
Jul'22	$100.6B
Jun'22	$80.85B; $913.58B first half of 2022
May'22	$103.225B
Apr'22	$175.2B
Mar'22	$258.425B (Highest since May 2020)
Feb'22	$92.62B
Jan'22	$203.26B
Dec'21	$62.2B ; $1.879T total for 2021 vs. Record $2.197T total for 2020
Nov'21	$133.875B
Oct'21	$148.8B
Sep'21	$215.635B; Q3 total $437.64B
Aug'21	$97.12B
Jul'21	$124.885B
Jun'21	$136.35B; Q2 total $478.875B
May'21	$159.125B
Apr'21	$183.4B
Mar'21	$232.62B; Q1 total $618.03B
Feb'21	$157.86B
Jan'21	$227.55B
2020 Recap:	Record $2.197T total for 2020
Dec'20	$52.24B
Nov'20	$126.83B
Oct'20	$111.65B
Sep'20	$207.82B
Aug'20	$204.50B
Jul'20	$93.50B
Jun'20	$180.50B
May'20	$270.90B
Apr'20	$401.32B
Mar'20	$275.48B
Feb'20	$107.50B
Jan'20	$165.18B

855 words

To read the full story

Free Trial

Sign up now for free trial access to this content.

Please enter your details below.

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.

Date $MM Issuer (Priced *, Launch #)
11/04 $Benchmark Videotron +10Y +160a
11/01 No new issuance Friday
$4.9B Priced Thursday; $36.54B/wk, $126.455B Running total for October
10/31 $1.5B *Martin Marietta $750M 10Y +97, $750M 30Y +117
10/31 $1.25B *New Development Bank 3Y SOFR+80
10/31 $1B *Ford Motor Cr 7Y +183
10/31 $600M *Horizon Mutual Holdings 10Y +195
10/31 $550M *Edison Int +7Y +105
$18.05B Priced Wednesday
10/30 $7.25B *Marsh McLennan $950M 3Y +45, $300M 3Y SOFR+70, $1B +5Y +55, $1B 7Y +65, $2B +10Y +75, $500M 20Y +75, $1.5B +30Y +95
10/30 $5.2B *Waste Management $1B +3Y +45, $700M +5Y +55, $750M +7Y +65, $1.5B +10Y +75, $1.25B 30Y +87.5
10/30 $3B *Philip Morris $750M 3Y +50, $750M 5Y +65, $750M 7Y +80, $750M 10Y +92
10/30 $1B *Kingdom of Belgium WNG 10Y +64
10/30 $600M Marex Group 5Y +225
10/30 $500M *CenterPoint Energy WNG +10Y +83
10/30 $500M *Swedish Export Credit 2.5Y SOFR+35
$5.35B Priced Tuesday
10/29 $1.25B *Newell Brands $750M 5.5NC 6.375%, $500M 7.5NC 6.625%
10/29 $1.25B *Beacon Funding Trust 30Y +175
10/29 $1B *Garda World Security Corp 8NC3
10/29 $850M *Hyundai Capital AM 3Y +80 (SOFR leg dropped)
10/29 $500M *Centerpoint Energy 30.5NC5.25 6.7%
10/29 $500M *Synovus 6NC5 +205
10/29 $Benchmark Horizon Mutual investor calls
0/29 $Benchmark Marsh & McLennan investor calls
$8.24B Priced Monday
10/28 $3.64B *Colombia $2B 12Y 7.8%, $1.64B 30Y 8.5%
10/28 $1.5B *Amphenol $250M Tap 2027 +45, $750M +10Y +78, $500M 30Y +95
10/28 $1.5B *DNB Bank $1.15 6NC5 +75, $350M 6NC5 SOFR+106
10/28 $1.1B *Aeromexico $500M 5NC2 8.375%, $610M 7NC3 8.75%
10/28 $500M *CIBC 60.25NC5.25 6.95%
10/28 $Benchmark Synovus investor call
10/28 $Benchmark Liberty Mutual investor calls
10/28 $Benchmark Trans-Oil Group 5NC2 investor calls
10/24-25 No new US$ corporate issuance Thursday/Friday, $13.45B total priced on week
$2B Priced Wednesday
10/23 $1B *Kommunivest WNG 2026 SOFR+29
10/23 $1B *IFFIm 3Y SOFR+43
$8.7B Priced Tuesday
10/22 $3.5B *Bank of America 11NC10 +132
10/22 $5.2B *Elevance Health $350M 2Y +48, $750M +5Y +80, $750M 7Y +90, $1.2B +10Y +105, $1.35B +30Y +125, $800M 40Y +138
$2.75B Priced Monday
10/21 $1.75B *American Honda $750M 3Y +53, $300M 3Y SOFR+72, $700M 7Y +80
10/21 $1B *P&G $500M 5Y +22, $500M 10Y +37
10/18 No new issuance Friday, $30.775B/ total last wk
$6.2B Priced Thursday
10/17 $2.3B *State Street $1.2B 3Y +43, $300M 3Y SOFR+64, $800M 8NC7 +68
10/17 $1.75B *US Bank $1.25B 3NC2 +52, $500M 3NC2 SOFR+69
10/17 $1.15B *Jane Street Group 8NC3 +6.125%
10/17 $1B *RBC 60NC10 6.35%
$16.575B Priced Wednesday
10/16 $5.75B *Morgan Stanley 3NC2 +52, $1B 3NC2 SOFR+68.5, $3B 6NC5 +82
10/16 $5.5B *Goldman Sachs $2.5B 6NC5 +85, $3.5B 11NC10 +100
10/16 $1.75B *Ecopetrol +7Y 7.8%
10/16 $1.5B *PNC Financial 8NC7 +90
10/16 $925M NRG Energy
10/16 $650M *Export Financing Australia 5Y SOFR+46
10/16 $500M *Antares Holdings 5Y +260
10/15 $8B JP Morgan $2B 4NC3 +65, $500M 4MC3 SOFR+86, $2.5B 6NC5 +75, $3B 11NC10 +92
10/14 No new issuance
10/10-10/11 No new corporate issuance Thursday-Friday, $30.54B/wk
$7.15B Priced Wednesday
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
$16.2B Priced Tuesday
10/08 $5B *World Bank 5Y +39
10/08 $4.7B *Royal Bank of Canada $750M 3NC2 +55, $650M 3NC2 SOFR+72, $850M 4NC3 +65, $450M 4NC3 SOFR+86, $2B 6NC5 +80
10/08 $1.5B *NWB 2Y SOFR+33
10/08 $1.5B *Standard Chartered 6NC5 +115
10/08 $1.25B *Islamic Development Bank5Y SOFR+50
10/08 $1B *KDB (Korea Development Bank) WNG 3Y SOFR+60
10/08 $750M *Sharjah 10.5Y +140
10/08 $500M *Norinchukin Bank 5Y +123
$7.19B Priced Monday
10/07 $3B *Toyota Motor Cr $1B 1.5Y SOFR+45, $1.25B 3Y +47, $750M 7Y +72
10/07 $1.44B *Chile Electricity Lux 11Y +165
10/07 $1.25B *KBC Group 6NC5 +107
10/07 $900M *Eastern Energy Gas 30Y +135
10/07 $600M *Athene 30NC10 6.625%
10/04 No new US$ corporate issuance Friday, $15.15B total on wk
$5.1B Priced Thursday
10/03 $1.5B *National Bank of Canada 5Y +92
10/03 $1.5B *Kazakhstan +10Y +88
10/03 $600M *Athene Global Funding 5Y +110
10/03 $500M *Apollo Global 30NC10 6%
10/03 $500M *McCormick & Co WNG 10Y +90
10/03 $500M *Ooredoo Int Finance WNG 10Y +80
$7.55B Priced Wednesday, $14.05/wk
10/02 $1.75B *Canada Pension Plan (CPPIB) 3Y SOFR+45
10/02 $1.75B *Taqa $900M 7Y +85, $850M +12Y +105
10/02 $1.1B *Caesars Entertainment 8NC3 6%
10/02 $1B *MuniFin 5Y SOFR+46
10/02 $750M *Nama 7Y Sukuk +165
10/02 $600M *Keysight 10Y +118
10/02 $600M *Goodman US Finance 10Y +140
$6.5B Priced Tuesday
10/01 $5B *Accenture Capital $1.1B 3Y +42, $1.2B 5Y +57, $1.2B 7Y +67, $1.5B 10Y +77
10/01 $1.5B *Dell International $700M +5Y +85, $800M +10Y +115
10/01 $1.4B *Latam Airlines 6Y 7.875%
10/01 $1.25B *Alaska Airlines $625M 5Y +150, $625M 7Y +170
10/01 $750M *Ferguson Ent 10Y +127
10/01 $600M *IADB 2029 Tap SOFR+37
10/01 $500M *F&G Annuities & Life 10Y +260
10/01 $500M *Africa Finance Corp WNG 5Y 5.55%
9/30 $3.905B Priced Monday, September wraps up with $224.75B total ($94.625B priced in the first week of the month), $513.125B total for Q3.

Oct'24	$126.445B
Sep'24	$224.75B total; $513.125B Q3
Aug'24	$137.475B
Jul'24	$150.9B
Jun'24	$122.875B; $443.055B Q2
May'24	$160.85B
Apr'24	$159.33B total for the month
Mar'24	$186.625B; $736.175B Q1
Feb'24	$254.2B
Jan'24	$295.35B, highest since April 2020
Dec'23	$28.1B; $1.560T total of 2023 vs. $1.463T for 2022
Nov'23	$131.7B
Oct'23	$108.3B
Sep'23	$165.25B; $348.775B Q3
Aug'23	$79.45B
Jul'23	$104.075B
Jun'23	$113.195B; $403.605B Q2
May'23	$168.22B
Apr'23	$122.19B
Mar'23	$122.05B; $540.175B Q1
Feb'23	$186.7B
Jan'23	$231.425B
Dec'22	$7.75B; $1.463T total for 2022 vs. $1.879T in 2021
Nov'22	$115.9B
Oct'22	$51.85B
Sep'22	$105.25B; $1.287T through Q3
Aug'22	$168.5B
Jul'22	$100.6B
Jun'22	$80.85B; $913.58B first half of 2022
May'22	$103.225B
Apr'22	$175.2B
Mar'22	$258.425B (Highest since May 2020)
Feb'22	$92.62B
Jan'22	$203.26B
Dec'21	$62.2B ; $1.879T total for 2021 vs. Record $2.197T total for 2020
Nov'21	$133.875B
Oct'21	$148.8B
Sep'21	$215.635B; Q3 total $437.64B
Aug'21	$97.12B
Jul'21	$124.885B
Jun'21	$136.35B; Q2 total $478.875B
May'21	$159.125B
Apr'21	$183.4B
Mar'21	$232.62B; Q1 total $618.03B
Feb'21	$157.86B
Jan'21	$227.55B
2020 Recap:	Record $2.197T total for 2020
Dec'20	$52.24B
Nov'20	$126.83B
Oct'20	$111.65B
Sep'20	$207.82B
Aug'20	$204.50B
Jul'20	$93.50B
Jun'20	$180.50B
May'20	$270.90B
Apr'20	$401.32B
Mar'20	$275.48B
Feb'20	$107.50B
Jan'20	$165.18B

MNI BRIEF: Inflation Now Consistent With Target-EC Dombrovskis

MNI China Daily Summary: Monday, November 4

MNI BRIEF: Key China Steel Province's PMI Up Sharply In Oct

MNI NBP WATCH: CPI, Core Point To First Cut In Q2 2025

RPT-MNI POLICY: Mexico FX Intervention Only In Market Disorder

MNI: PBOC Net Drains CNY224.3 Bln via OMO Monday

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI: US SEP FACTORY ORDERS -0.5%; EX-TRANSPORT NEW ORDERS +0.1%

MNI: EUROZONE OCT FINAL MANUF PMI 46.0 (FLASH 45.9); SEP 45.0

EUROPEAN FISCAL: DE 2025 Budget Gap Grows; Political Risk Is Rising

CANADA: Politics Week: Trudeau Facing More Internal Dissent And Departures

CANADA: Politics Week: Trudeau Faces More Pressure To Resign

Real-time Actionable Insight

MNI ASIA OPEN: Curves Bull Flatten Ahead Election, FOMC

MNI ASIA MARKETS ANALYSIS: Yields Ebb Ahead Tuesday Election

MNI Fed Preview - Nov 2024: Analyst Outlook

EZ/UK T-Bill Calendar: Spain, Belgium, ESM Auction on Tuesday

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

US$ Credit Supply Pipeline: Repost October Roundup

Why MNI

MNI

PRODUCTS

EVENTS

TOPICS