CHINA-RUSSIA: Putin, Xi Agree To Expand Energy, Finance & Industrial Cooperation
Jun-15 13:14
Russia's state-run RIA carrying comments from Russian President Vladimir Putin following his call earlier today with Chinese President Xi Jinping.
- States that he and Xi discussed broad economic and trade cooperation, and agreed to expand Sino-Russian cooperation in fields of energy, finance, and industry in the face of western sanctions on Russia.
- Putin says that he and Xi discussed 'military-technical ties'.
- Kremlin claims that Xi said China would continue to back Russia on 'sovereignty, security'.
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SWEDEN: PM Andersson: Gov't Has Formally Decided To Apply For NATO Membership
May-16 13:12
Wires carrying comments from Swedish Prime Minister Magdalena Andersson stating that her gov't has formally decided to apply for NATO membership, saying in a presser that "We will notify NATO that we wish to join the alliance.” .
- The party board of her centre-left Social Democrats announced their backing for NATO membership - reversing decades of neutrality - over the weekend.
- Earlier today, Russian Deputy Foreign Minister Sergei Ryabkov stated that there would be 'far-reaching consequences' for Sweden and Finland if they progressed in their plans to join the alliance.
PIPELINE: USD Issuance List Expands
May-16 13:08
Energy and banks/financial services names at the moment. Total est for wk appr $30B as earnings cycle winds down. Speaking of earnings, Home Depot and Walmart announce Tuesday morning.
- Date $MM Issuer (Priced *, Launch #)
- 05/16 $1B OKB 3Y SOFR+27a
- 05/16 $Benchmark Paypal 5Y +130a, 10Y +175a, 30Y +210a, 40Y +240a
- 05/16 $Benchmark Commonwealth Bank of Australia (CBA) 3Y SOFR+60a
- 05/16 $Benchmark Virginia Electric $ Power 5Y +125a, 30Y +185a
- 05/16 $Benchmark Keycorp 3NC2 +150a, 11NC10 +215a
- 05/16 $Benchmark AEP Texas 10Y +200a, 30Y +230a
- 05/16 $Benchmark Santander 2Y +145a, 2Y SOFR
MNI: CANADIAN APR EXISTING HOME SALES -12.6% MOM
May-16 13:02
- MNI: CANADIAN APR EXISTING HOME SALES -12.6% MOM
