EMISSIONS: EC Calls For Tax Reforms To Reduce Clean Investment Barriers

Jun-04 12:31

The 2025 Semester Spring Package released by the EC today noted that the Member States should support decarbonisation through tax reforms to reduce to decarbonisation investment barriers as it cited the importance of tax incentives toward clean transition.

  • It also noted that Member States should support the creation of markets for net-zero infrastructure, including carbon capture and storage (CCS) and hydrogen.
  • It also urged to speed up permitting processes on clean energy infrastructure.

Historical bullets

PIPELINE: Corporate Bond Roundup: Apple Inc 4Pt on Tap

May-05 12:15
  • Date $MM Issuer (Priced *, Launch #)
  • 05/05 $Benchmark Apple Inc 4pt details TBA
  • 05/02 No new corporate bond issuance Friday after May kicked off with $9.75B Thursday

US TSY FUTURES: BLOCK: Recent Jun'25 10Y Buy

May-05 12:08
  • +3,126 TYM5 111-12.5, was post time offer at 0732:00ET, DV01 $202,000.
  • The cross helped push the contract to early overnight high of 111-13.5 -- but has since pared back to 111-11 (+6).

STIR: Repo Reference Rates

May-05 12:00
  • Secured Overnight Financing Rate (SOFR): 4.36% (-0.03), volume: $2.694T
  • Broad General Collateral Rate (BGCR): 4.33% (-0.02), volume: $1.073T
  • Tri-Party General Collateral Rate (TCR): 4.33% (-0.02), volume: $1.036T
  • (rate, volume levels reflect prior session)