Structured Notes: New deals update

Wind farm sea 1 Feb 2021
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Recent structured note activity in USD and CAD.

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USD:

 

  • UBS is working on a self-led inflation-linked note maturing Apr 2025 that pays CPI*spread between 1.55-1.85 for the first year, floored at zero, and then pays 4%. Eurodollar.

     

  • Citigroup is working on a self-led fixed callable maturing Apr 2025 NC1 that pays 5.15%. EMTN.

     

  • Citigroup is working on a self-led fixed callable maturing Apr 2033 NC18m that pays 5.4%. Domestic MTN.

     

  • Deutsche is working on a self-led fixed callable maturing Apr 2026 NC2 that pays 5.01%. EMTN.

     

  • UBS is working on a self-led fixed callable maturing Apr 2024 NC3m that pays 5.1%. Domestic MTN.

     

  • Toronto Dominion is working on a self-led fixed callable maturing Apr 2038 NC1 that pays 5.75%. GMTN.

     

  • Toronto Dominion is working on a self-led fixed callable maturing Apr 2028 NC1 that pays 5.5%. GMTN.

     

  • Royal Bank of Canada is working on a self-led fixed callable maturing Apr 2026 NC2 that pays 4.9%. EMTN.

     

  • BMO Harris is working on a self-led fixed callable maturing Apr 2028 NC6m that pays 4.8%. CD format. Domestic.

     

  • Standard Chartered is working on a self-led step-up callable maturing Apr 2026 NC1 that pays 4.13% to Apr 2024, 4.23% to Oct 2024, 4.33% to Apr 2025, 4.43% to Oct 2025 and 4.53% thereafter. EMTN. 

 

CAD:

 

  • Bank of Montreal is working on a self-led CAD extendible with initial maturity Apr 2024 and then extendible to Apr 2030 that pays 5%. Canadian.