PIPELINE: Corporate Bond Update: Upsized $3B Nissan 3Pt Launched

Jul-10 15:40
  • Date $MM Issuer (Priced *, Launch #)
  • 07/10 $3B #Nissan Motor $1B 5Y 7.5%, $750M 7Y 7.75%, $1.25B 10Y 8.125% (upsized from $2.25B)
  • 07/10 $1.5B #World Bank 2030 Tap SOFR+43 (upsized from $500M)
  • 07/10 $Benchmark Aviation Capital Group 5Y +135a
  • 07/10 $Benchmark Pacific Life 7Y +95a

Historical bullets

FED: US TSY 52W BILL AUCTION: HIGH 3.940%(ALLOT 75.70%)

Jun-10 15:32
  • US TSY 52W BILL AUCTION: HIGH 3.940%(ALLOT 75.70%)
  • US TSY 52W BILL AUCTION: DEALERS TAKE 23.97% OF COMPETITIVES
  • US TSY 52W BILL AUCTION: DIRECTS TAKE 3.20% OF COMPETITIVES
  • US TSY 52W BILL AUCTION: INDIRECTS TAKE 72.82% OF COMPETITIVES
  • US TSY 52W AUCTION: BID/CVR 3.22

ESM ISSUANCE: E2bln WNG Long 3-year: Priced

Jun-10 15:16
  • EU2b WNG Long 3Y Fixed (Nov. 17, 2028) at MS+12 (guidance was MS+15 area). MNI had expected a transaction today with a E1-3bln size.
  • Reoffer price 99.651 to yield 2.234%
  • Books above E20b (excluding JLM interest): Leads
  • Coupon: 2.125%, annual, act/act, short first
  • Settlement: June 17, 2025
  • ISIN: EU000A1Z99X3
  • Bookrunners: HSBC, MS (B&D), UniCredit

Details as per Bloomberg and MNI colour.

FED: US TSY 52W AUCTION: NON-COMP BIDS $1.123 BLN FROM $48.000 BLN TOTAL

Jun-10 15:15
  • US TSY 52W AUCTION: NON-COMP BIDS $1.123 BLN FROM $48.000 BLN TOTAL