EM CEEMEA CREDIT: TEVA: update from Innovation and Strategy Day

May-29 12:08

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Teva (TEVA; Ba1/BB-pos/BB+) * headlines hitting the tape, on 2025 Innovation and Strategy Day. "Te...

Historical bullets

GILT PAOF RESULTS: GBP217.0mln of the 1.25% Nov-54 linker sold.

Apr-29 12:03
  • GBP225.0mln had been on offer.
  • This leaves GBP15.050bln of the linker in issue.

STIR: Repo Reference Rates

Apr-29 12:02
  • Secured Overnight Financing Rate (SOFR): 4.36% (+0.03), volume: $2.567T
  • Broad General Collateral Rate (BGCR): 4.35% (+0.03), volume: $1.047T
  • Tri-Party General Collateral Rate (TCR): 4.35% (+0.03), volume: $1.011T
  • (rate, volume levels reflect prior session)

PIPELINE: Corporate Bond Roundup: $5B KFW 5Y SOFR Launched

Apr-29 12:01
  • Date $MM Issuer (Priced *, Launch #)
  • 04/29 $5B #KFW 5Y SOFR+42
  • 04/29 $1.75B #Swedish Export Credit 3Y SOFR+45
  • 04/29 $Benchmark ADQ 5Y +115a, 10Y +125a
  • 04/29 $Benchmark World Bank 3Y +35, 7Y +55
  • 04/29 $Benchmark Nordic Investment Bank 5Y SOFR+44a
  • 04/29 $Benchmark Bahrain 12Y, 8Y Sukuk investor calls
  • Expected Wednesday:
  • 04/30 $Benchmark CoE Dev Bank 3Y SOFR+37a