OPTIONS: Pre-ECB Unwinds, Ratio Spreads Wednesday

Jun-04 16:52

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Wednesday's Europe rates/bond options flow included: * ERM5 98.00c, sold at 2.5 in 4k. * ERU5 98.12...

Historical bullets

PIPELINE: Corporate Bond Update: Guidance Update

May-05 16:49

Expect corporate supply to issue soon after this afternoon's Tsy 3Y auction at the top of the hour.

  • Date $MM Issuer (Priced *, Launch #)
  • 05/05 $1.3B DTE Electric $300M 2Y +45, $500M 10Y +93, $500M 30Y +103
  • 05/05 $Benchmark Apple Inc 3Y +25, 5Y +30, 7Y +40, 10Y +50
  • 05/05 $Benchmark Comcast 7Y +85, 10Y +100, 30Y +122
  • 05/05 $Benchmark General Motors 3Y +155, 5Y +170, 10Y +195
  • 05/05 $Benchmark American Int Group 5Y +95, 10Y +112
  • 05/05 $Benchmark Prologis +5Y +85, 10Y +103
  • 05/05 $Benchmark ADP 7Y +63

US TSYS/SUPPLY: WI 3Y Holding Steady

May-05 16:45
  • WI holding steady ahead of the $58B 3Y note auction (91282CND9) cut-off at 1300ET.
  • 3Y WI is currently at 3.825%, 4.1bp cheap to last month's tail: 3.784% high yield vs. 3.760% WI

FED: US TSY 3Y AUCTION: NON-COMP BIDS $111 MLN FROM $58.000 BLN TOTAL

May-05 16:45
  • US TSY 3Y AUCTION: NON-COMP BIDS $111 MLN FROM $58.000 BLN TOTAL