EGB SYNDICATION: Republic of Finland 10y USD: Final terms
Jun-25 09:55
Size: USD1bln (the bottom of the EUSD1-2bln range MNI had expected)
Books in excess of USD1.1bln (inc JLM interest of USD50mln)
Spread set earlier at SOFR MS+55bps (~CT10+15.8bps). In line with yesterday's IPT.
Maturity: 02 July 2034
Settlement: 02 July 2024 (T+5)
Coupon: Fixed, S/A, 30/360
Bookrunners: BNP Paribas / Danske Bank / HSBC / Société Générale
ISIN: TBC
EMEA/Asia books to close at 11:30 BST / 12:30 CET. Americas books close at 08.30ET
From market source
EQUITIES: Etoxx Put spread
Jun-25 09:53
SX5E (16th Aug) 4300/4250ps, bought for 1.4 in 10k.
CROSS ASSET: Equities edge to session high
Jun-25 09:44
EU Bank block traded suggest buyer:
CAU4 9.5k at 4960.00.
Also some dip buying going through in the Estoxx (VGU4), US Emini (ESU4), TYU4 in 5k and FVU4 4k, but volumes are still well below averages on both sides of the Atlantic.