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US dollar high-grade corporate and......>

US PIPELINE
US PIPELINE: US dollar high-grade corporate and sovereign bond issuance all
wrapped up for today; China rolls out its first US$ sovereign bond since 2004
tomorrow:
-
10/25 $2.5B *Sweden Aaa/AAA/AAA  priced 3Y MS-6    BAR/C/JPM
10/25 $2.0B *BNG Aaa/AAA/AA+     Wed 2Y MS+2      BMO/DAIWA/DB/TD 
10/25 $800M *Mongolia Caa1/B-/B- 144a/RegS 5.5% 5.625% CS/DB/JPM
10/25 $500m *Korea Hsg Fin Corp Aa2/AA- covered 5Y+100 BNP/C/ING/STAND
10/26 $2B    China to do $2B deal Oct26: RegS $1B 5Y, $1B 10Y in HKG
- Leads/book mgrs: BOC/BOCOM/ABC/CCB/CICC/C/DB/HSBC/ICBC/STAND
- China last sold US$ debt in 2004:$1.7B $/EUR 5Y,7Y notes; 
- The new US dollar bond will trade on HKSE 
- S&P downgraded China rating by one step Sep 21 to A+, stable outlook
10/25 TBD   Hanjin Bank: Potentl US$ deal w/ KEXIM Guar? BNP/DAIWA/GS
10/25 TBD   Philippines Baa2/BBB/BBB- US meetings Oct 6-13 C/DB/MS/SCB
10/25 TBD   Quatar eyed $9B in international bonds; no time set yet

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