EM LATAM CREDIT: Costar Rica: Fitch Still Outlook Positive

Dec-17 15:42

"Fitch Affirms Costa Rica at 'BB'; Outlook Positive"

Unchanged outlook

Historical bullets

OPTIONS: Expiries for Nov18 NY cut 1000ET (Source DTCC)

Nov-17 15:37
  • EUR/USD: $1.1600-05(E915mln), $1.1675(E1.4bln), $1.1700(E1.0bln
  • USD/JPY: Y153.00($1.3bln)

FED FUNDS FUTURES: BLOCK: Large Jan'26 Fed Funds Sale

Nov-17 15:27
  • -18,000 FFF6 96.235, sell through 96.24 post time bid at 1008:37ET, DV01 $750,000.
  • The Jan contract trades 96.235 last (-1)

PIPELINE: Corporate Bond Update: Issuance List Expanding

Nov-17 15:20

Rate lock hedging keeping Tsy futures off pre-open highs as issuance list expands, Amazon 6pt estimated at $12B today

  • Date $MM Issuer (Priced *, Launch #)
  • 11/17 $Benchmark Amazon 6pt jumbo: 3Y +60a, 5Y +70a, +7Y +75a, 10Y +85a, 30Y +105a, 40Y +115a
  • 11/17 $Benchmark Enbridge 3Y +95a, +5Y +110a, 10Y +140a
  • 11/17 $Benchmark Morgan Stanley 3NC2 fix/SOFR, 6NC5
  • 11/17 $Benchmark Smurfit Westrock Fin 10Y +135a
  • 11/17 $Benchmark Consolidated Edison 30Y +130a
  • 11/17 $750M Molina Health 5.25NC2
  • Investor calls: 
    • 11/17 $Benchmark Western Alliance
    • 11/17 $Benchmark Global Atlantic
    • 11/17 $Benchmark Baxter Int
    • 11/17 $Benchmark Cenovus
    • 11/17 $Benchmark Spire
    • 11/17 $Benchmark Vale