UK: Extra Military Spending May Not Appease Defence Hawks

Jun-26 14:20

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As noted earlier (UK: Starmer to Commit Extra 1bln to UK Defence - FT: https://www.mnimarkets.com/ar...

Historical bullets

IRAN: Al Jazeera Underscore White House Goals, Negotiations Going "Well"

May-27 14:15

Al Jazeera runs comments provided by the White House noting that "President Trump said the negotiations are going well and clearly outlined his red lines. President Trump will only strike a deal that definitively ensures #Iran possesses no nuclear weapons. President Trump will only strike a deal that serves the interests of the American people".

SOFR OPTIONS: Outright Put buyer

May-27 14:05

SFRZ6 95.75p, bought for 10.5 in 10k total (ref 96.16).

EGB SYNDICATION: Finland 10-year USD: Priced

May-27 14:02
  • Reoffer price 99.53 to yield 4.559%
  • Spread: SOFR MS+48bps (Final guidance was SOFR MS+48, guidance was SOFR MS+49 area, IPT SOFR MS+50 area)
  • Size: USD1.5bln
  • Books above USD3.2b (excluding JLM interest): Leads
  • Settlement: 3 June 2026 (T+5)
  • Maturity: 3 June 2036
  • Coupon: 4.5%
  • ISIN: XS3396019336 (RegS) / US317873BK23 (144A)
  • Bookrunners: Danske Bank / Goldman Sachs Bank Europe SE / Nomura / Societe Generale

Details as per market source