PIPELINE: Corporate Bond Update: $2B CIBC & $1.75B Intuit Debt Launched

Jun-08 17:52

$8.5B Corporate debt issued on the day:

  • Date $MM Issuer (Priced *, Launch #)
  • 06/08 $2B #CIBC $1B each: 3NC2 +57, 6NC5 +77
  • 06/08 $1.75B #Intuit $750M 5Y +70, $1B 10Y +100
  • 06/08 $1.5B #Dominion Energy $1B 30.5NC5.25 6.15%, $500M 30.5NC10.5 6.25%
  • 06/08 $1B #Equitable America Global Unding 5Y +85
  • 06/08 $1B #GM 5Y +85
  • 06/08 $750M #Jackson Financial+10Y +162.5
  • 06/08 $500M #Blue Owl Cr 5Y +255
  • Later this week:
    • 06/09 $Benchmark EIB 7Y SOFR+39a
    • 06/09 $Benchmark Kommuninvest 1.75Y SOFR+20a

Historical bullets

MNI: CHINA APR EXPORTS +14.1% Y/Y VS MEDIAN +8.4% Y/Y: CUSTOMS

May-09 02:48
  • CHINA APR EXPORTS +14.1% Y/Y VS MEDIAN +8.4% Y/Y: CUSTOMS
  • CHINA APR IMPORTS +25.3% Y/Y VS MEDIAN +20.0% Y/Y: CUSTOMS
  • CHINA APR TRADE SURPLUS +$84.82 BLN VS MEDIAN +$85.10 BLN

MNI: CHINA APR EXPORTS +9.8% Y/Y IN YUAN TERM: CUSTOMS

May-09 02:46
  • CHINA APR EXPORTS +9.8% Y/Y IN YUAN TERM: CUSTOMS
  • CHINA APR IMPORTS +20.6% Y/Y IN YUAN TERM: CUSTOMS
  • CHINA APR TRADE SURPLUS +CNY585.7 BLN: CUSTOMS

MNI: CHINA PBOC CONDUCTS CNY500 MLN VIA 7-DAY REVERSE REPO SAT

May-09 01:27
  • CHINA PBOC CONDUCTS CNY500 MLN VIA 7-DAY REVERSE REPO SAT