MNI BRIEF: Japan Corp Loan Demand Rises - BOJ Survey

BOSTIC: IF INFLATION REACCELERATES, HAVE TO CONSIDER HIKES

MNI BRIEF: Fed's Bostic - Rate Cut Likely At End of Year

MNI BRIEF: Beijing Opposes U.S. Measures Against Chinese Steel

MNI China Daily Summary: Thursday, April 18

MNI BRIEF: M2 Growth To Slow On Weak Demand - PBOC's Zou

Japan Mar Core CPI +2.6% Y/Y; Energy Price Fall Narrows

JAPAN MARCH SERVICES PRICES +2.1% Y/Y; FEB +2.2%

MNI JAPAN MARCH CORE CPI +2.6% Y/Y; FEB +2.8%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

US$ High-Grade Credit Supply Pipeline - April 30, 2019 

Estimated $15-20B for week
Date $MM Issuer/Rating/Desc/Maturity/Yld/Leads; Priced *; Launch #:
04/30 $3.5B #Boeing 5-part: 
----  $600M 3Y +52, $650M 7Y +75, $600M tap 10Y +85, $850M 15Y +112,$800M  30Y
+107
04/30 $1.25B #Ford Motor Cr 10Y +260
04/30 $750M #Aon Corp 10Y +125
04/30 $300M #Textron WNG 10Y +140
04/30 $500M *Northern Trust WNG 10Y +65
04/30 $Benchmark Barclays 6NC5 +180a
04/30 $1.25B MGM China 5NC2, 7NC3
-
$5.55B priced Monday
04/29 $2.5B *JP Morgan Chase, 11NC10 +117
04/29 $1.65B *Philip Morris $900M 5Y +68, $750M 10Y +100
04/29 $800M *Norfolk Southern, $400M tap NSC 3.8% and 5.1%, $400M 30Y +118
04/29 $300M *AEP Texas 30Y +120
04/29 $300M *Guardian Life WNG 5Y +60
-
No new issuance Friday, $7.2B priced on week
- 
$1.25B priced Thursday
04/25 $1.25B *OMERS Finance 5Y +26
04/? $Benchmark Tokyo Metropolitan Gov 3-7Y US$ or Euro issue chatter
04/? $Benchmark Waste Management
-
$4B Priced Wednesday
04/24 $1.5B *Royal Bank of Canada $1B 3Y +53, $500M 3Y FRN L+47
04/24 $900M *Aqua America $400M 10Y +105, $500M 30Y +135
04/24 $900M *Netflix 10.5Y 5.375% (E1.2B at 3.875%)
04/24 $700M *Penske Trucking 5Y +118
-
$1.95B priced Tuesday; $1.95B total/week
04/23 $1.25B *Rogers Communications 30Y +140
04/23 $700M *Kimberly-Clark 10Y +65
-
No new issuance Monday
-
No new issuance Thursday, mkts closed Friday
-
$8.25B priced Wednesday, $26.35B/wk
04/17 $4.5B *Bank of America $3B 8NC7 +107, $1.5B 21NC20 +110
04/17 $1.75B *Province of Ontario 3Y +15
04/17 $1B *Nationwide 4NC3 +125
04/17 $1B *Blackrock 10Y +75
-
$12.75B priced Tuesday, $18.1B/wk
04/16 $2.75B *Citigroup 6NC5 +95
04/16 $1.5B *PNC Financial 10Y +88
04/16 $4B *Walmart $1.5B 5Y +47, $1.25B 7Y +57, $1.25B 10Y +65
04/16 $1.5B *JP Morgan 30Y +115
04/16 $3B *KFW 2Y flat
- 
$5.35B priced Monday
04/15 $2.7B *BMW US Capital $750M 3Y fix +60, $300M 3Y FRN L+53, $1B 5Y +80,
$650M 10Y +110
04/15 $400M *Shinhan Bank 10Y tier 2 +157.5
04/15 $2.25B *America Movil $1B 10Y +115, $1.25B 30Y +145
- 
No new issuance Friday; $26.4B priced on week
- 
04/11 $750M DBS Grp (DBSH) 3Y +58a
-
$1.5B priced Wednesday
04/10 $1B *Panama 7Y +140
04/10 $500M *Public Storage 10Y +92
-
$19.25B total priced Tuesday, inaugural Saudi Aramco lead w/$12B
04/09 $12B *Saudi Aramco $1B 3Y +55, $2B 5Y +75, $3B 10Y +105, $3B 20Y +140, $3B
30Y +155
04/09 $2B *Toyota Motor Cr $1.25B 1.5Y FRN L+15, $750M 3Y +38
04/09 $3B *Staples $2B 7NC3 7.5%, $1B 8NC3 10.75%
04/09 $1B *Province of Manitoba 5Y +26
04/09 $750M *DBS Group 3Y +58
04/09 $500M *Waste Connections Inc. 10Y +103
-
$4.9B Priced Monday
04/08 $1.5B *CK Hutchison $750M 5Y +95, $750M 10Y +120
04/08 $1B *LG Chem $500M 5.5Y +95, $500M 10Y +117.5
04/08 $600M United Overseas Bank 10NC5 +150
04/08 $500M *SMBC Aviation Cap 5Y +125
04/08 $500M *Suncorp-Metway 5Y +103
04/08 $400M *Protective Life 5Y +78
04/08 $400M *DPL Inc 10Y +185
- 
no new issuance Friday; $20.5B priced/week
-
$750M priced Thursday
04/04 $750M *AutoZone $300M 5Y +87, $450M 10Y +127
-
$14.1B Priced Wednesday; $19.85B priced on week 
04/03 $6B *Tencent Holdings Ltd $1.25B 5Y +95, $750M 5Y FRN L+91, $500M 7Y +115,
$3B 10Y +145, $500M 30Y +160
04/03 $3B *Lowe's $1.5B 10Y +115, $1.5B 30Y +165
04/03 $1B *IHS Markit $400M 5Y +137, $600M 10Y +180
04/03 $1.25B *GM Fncl long 3Y +128
04/03 $1B *Vinci 10Y +127
04/03 $1B *AIB 6NC5 fix/FRN +195
04/03 $850M *NY Life 5Y +57 (after securing $1B 50Y +160 on Mon)
-
$4.75B Priced Tuesday; $5.75B/wk
04/02 $2B *ING Groep $1B 5Y +130, $1B 10Y +158
04/02 $1B *AIA Group 10Y +118
04/02 $1B *Province of Quebec 5Y +23
04/02 $750M *BOC Aviation 5.5Y +135
- 
$1B priced Monday
04/01 $1B #NY Life 50Y +160
-
$11B Broadcom jumbo 5-part issue stole the show late Friday; $22B total last wk
03/29 $11B Broadcom jumbo $2B 2Y +90, $1.5B 3Y +105, $2B 5Y +155, $2.5B 7Y +205,
$3B 10Y +240
-
$3.1B priced Thursday, $9.1B total for week, well off last eight week pace
03/28 $2.7B Nextera Energy Cap WNG $1B 3Y +75, $900M 5Y +95, $300M 7Y +100,
$500M 10Y +115
03/28 $400M Renaissancere Holdings 10Y +138
-
$1B priced Wednesday
03/27 $1B *Klabin Austria $500M 10Y 5.85%a, $500M 30Y 7.37%
-
$5B Mars multi-tranche lead issuance Tuesday, $7.3B priced
03/26 $5B *Mars 8-part: $600M 6Y +52, $700M 11Y +82, $600M 15Y +122, $700m 20Y
+102,
                        $300M 25Y +110, $900M 30Y +112, $500M 35Y +127, $700M
40Y +137
03/26 $1.3B *NatWest $1B 3.5Y +145, $300M 3.5Y FRN L+140
03/26 $1B *CIBC 5Y +92
-
03/22 $1.5B ADT $750M 5NCL 5.25%, $750M 7NCL 5.75%, 8NCL3 dropped
- 
$6.25B priced Thursday
03/21 $2.25B *Bank of Montreal $1.75B 3Y +65, $500M 3Y FRN L+57
03/21 $1B *Valero Energy 10Y +155
03/21 $1.5B *SocGen 5Y Sr +155
03/21 $1.5B *Brazil 10Y  4.7%
-
Small issuance Wed
03/20 $300M *Webster Financial 10Y +160
-
$4.75B Priced Tuesday; $12.6B/wk
03/19 $2B *RBS 6NC5 fix/FRN +185
03/19 $1.5B *Ingersoll-Rand Luxembourg Fin $400M 7Y +100, $750M 10Y +120, $350M
30Y +150
03/19 $1.25B *Nordea perp NC7 6.625%
-
$7.85B priced Monday
03/18 $3.5B *GlaxoSmithKline Capital $1.5B 3Y fix +50, $1B 5Y +70, $1B 10Y +90
03/18 $1.5B *BNP Paribas PerpNC5 6.625%
03/18 $1B *Target 10Y +78
03/18 $750M *SEB (Skandinaviska Enskilda Banken) 3Y +68
03/18 $700M *Louisville Gas/Kentucky Utilities WNG 26Y, 30Y
03/18 $400M *Kansas City Power $ Light WNG 30Y +115
--MNI Chicago Bureau; tel: +1 312-431-0089; email: bill.sokolis@marketnews.com
[TOPICS: MTABLE]
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.

    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        window.dataLayer.push({
    'event' : 'logedout',
    'loggedOut' : 'loggedOut'
  });
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        (function appendPosts () {  
    var policyPosts = document.getElementsByClassName('policy-posts-wrapper')[0];
    var policyPostsMenu = document.querySelector('.policy-posts-span');
    policyPostsMenu.append(policyPosts);
    policyPosts.style.display = "block";
  
    var empolicyPosts = document.getElementsByClassName('em-policy-posts-wrapper')[0];
    var empolicyPostsMenu = document.querySelector('.em-policy-posts-span');
    empolicyPostsMenu.append(empolicyPosts);
    empolicyPosts.style.display = "block";

    var dataPosts = document.getElementsByClassName('data-posts-wrapper')[0];
    var dataPostsMenu = document.querySelector('.data-posts-span');
    dataPostsMenu.append(dataPosts);
    dataPosts.style.display = "block";
})();
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        document.querySelectorAll(".my-mni").forEach(function(item){
  item.href="/core/users/email_login/";
  item.innerHTML="Log In";
})
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        document.querySelector('.signup-form').addEventListener('submit', () => {
  window.dataLayer = window.dataLayer || [];
  dataLayer.push({
    'event' : 'submission_click',
    'event_category': "Sign Up Button Clicks",
     'event_label': "Posts" 
  });  
  
})
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        REBELMOUSE_STDLIB.createElementChangeListener('.signup-form.authentication--form',function(item){
  item.onsubmit=function(e){
    ga('b.send', 'event', {eventCategory: 'Signup', eventAction: 'CompletedForm', eventLabel:'pageTitle', eventValue:15});
    window.dataLayer = window.dataLayer || [];
    dataLayer.push({
      'event' : 'signup_click',
      'event_category': "Signup",
      'event_action': 'CompletedForm',
       'event_label': 'pageTitle',
      'event_value': 15
    });  
  }
})
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        document.querySelectorAll("img").forEach(function (img) {
    img.addEventListener("contextmenu", function (e) {
      return false;
    });
  });
  document
    .querySelector(".site-logo img")
    .addEventListener("contextmenu", function (e) {
      return true;
    });
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        document.querySelector('.signup-form').addEventListener('submit', () => {
  window.dataLayer = window.dataLayer || [];
  dataLayer.push({
    'event' : 'submission_click',
    'event_category': "Sign Up Button Clicks",
     'event_label': "Posts" 
  });  
  
})
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        REBELMOUSE_STDLIB.createElementChangeListener('.signup-form.authentication--form',function(item){
  item.onsubmit=function(e){
    ga('b.send', 'event', {eventCategory: 'Signup', eventAction: 'CompletedForm', eventLabel:'pageTitle', eventValue:15});
    window.dataLayer = window.dataLayer || [];
    dataLayer.push({
      'event' : 'signup_click',
      'event_category': "Signup",
      'event_action': 'CompletedForm',
       'event_label': 'pageTitle',
      'event_value': 15
    });  
  }
})
    

});

window.REBELMOUSE_TASKS_QUEUE.push(function(){

    
        
  let posts = document.querySelectorAll(".all-content-wrapper .widget:not(.stream-story-processed)");
  window.check_story_posts(posts, "streamOfPosts");
    

});

window.REBELMOUSE_LOW_TASKS_QUEUE.push(function(){

    
        function populateInputsWithAPAPI(c) {
  document.querySelectorAll('.signup-form input[name="country"]').forEach(el => {
	el.setAttribute("value", c.country_name);
  });
  document.querySelectorAll('.signup-form .country_name').forEach(el => {
	el.setAttribute("value", c.country_name);
  });

  let country_code =
    c && c.country_code ? c.country_code.toLowerCase() : "auto";
  document.querySelectorAll('.signup-form .country_code').forEach(el => {
	el.setAttribute("value", country_code);
  });
  document.querySelectorAll('.signup-form .selected_country').forEach(el => {
	el.setAttribute("value", country_code);
  });
}

const fetch = function (err, res) {
  var r = new XMLHttpRequest();
  r.open("GET", err, !0),
    (r.responseType = "json"),
    (r.onload = function () {
      var err = r.status;
      res(200 === err ? null : err, r.response);
    }),
    r.send();
};

function setupCountry() {
  if (window.preventDuplicateExec) {
    return;
  }
  window.preventDuplicateExec = true;

  window.REBELMOUSE_STDLIB.onElementInViewport({
    threshold: 0,
    firstOnly: true,
    oneTime: true,
    selector: ".signup-form",
    onIntersect: (entry) => {
      // when you need to get access to that data you call it in that way:
      let ipapiData = localStorage.getItem("ipapiData");
      if (!ipapiData) {
        fetch("https://ipapi.co/json/", function (err, ipData) {
          console.log("populating inputs with data from IP API ");
          localStorage.setItem("ipapiData", JSON.stringify(ipData));
          populateInputsWithAPAPI(ipData);
        });
      } else {
        console.log(
          "populating inputs with data from IP API data stored in local storage"
        );
        populateInputsWithAPAPI(JSON.parse(ipapiData));
      }
    },
  });
}

setupCountry();
    

});

window.REBELMOUSE_LOW_TASKS_QUEUE.push(function(){

    
        /*
const sidebar = document.querySelector('.left-sidebar-container');
const stickyContent = document.querySelector('.sticky-content');
const siteContent = document.querySelector('.all-posts-stream');
if (sidebar && stickyContent && siteContent) {
  if (siteContent.clientHeight > sidebar.clientHeight) {
    console.log('grater -> ', siteContent.clientHeight + ' > ' + sidebar.clientHeight);
    stickyContent.style.height = (siteContent.clientHeight - sidebar.clientHeight) + 'px';
  }
}
*/
    

});

window.REBELMOUSE_LOW_TASKS_QUEUE.push(function(){

    
        function populateInputsWithAPAPI(c) {
  document.querySelectorAll('.signup-form input[name="country"]').forEach(el => {
	el.setAttribute("value", c.country_name);
  });
  document.querySelectorAll('.signup-form .country_name').forEach(el => {
	el.setAttribute("value", c.country_name);
  });

  let country_code =
    c && c.country_code ? c.country_code.toLowerCase() : "auto";
  document.querySelectorAll('.signup-form .country_code').forEach(el => {
	el.setAttribute("value", country_code);
  });
  document.querySelectorAll('.signup-form .selected_country').forEach(el => {
	el.setAttribute("value", country_code);
  });
}

const fetch = function (err, res) {
  var r = new XMLHttpRequest();
  r.open("GET", err, !0),
    (r.responseType = "json"),
    (r.onload = function () {
      var err = r.status;
      res(200 === err ? null : err, r.response);
    }),
    r.send();
};

function setupCountry() {
  if (window.preventDuplicateExec) {
    return;
  }
  window.preventDuplicateExec = true;

  window.REBELMOUSE_STDLIB.onElementInViewport({
    threshold: 0,
    firstOnly: true,
    oneTime: true,
    selector: ".signup-form",
    onIntersect: (entry) => {
      // when you need to get access to that data you call it in that way:
      let ipapiData = localStorage.getItem("ipapiData");
      if (!ipapiData) {
        fetch("https://ipapi.co/json/", function (err, ipData) {
          console.log("populating inputs with data from IP API ");
          localStorage.setItem("ipapiData", JSON.stringify(ipData));
          populateInputsWithAPAPI(ipData);
        });
      } else {
        console.log(
          "populating inputs with data from IP API data stored in local storage"
        );
        populateInputsWithAPAPI(JSON.parse(ipapiData));
      }
    },
  });
}

setupCountry();
    

});