Bonds - JPY
Asia Pacific MTNs: Kangaroo and Kauri flow continues
The flow of JPY equity-linked Uridashis has slowed while foreign borrowers are still bringing issues in the Kangaroo and Kauri markets in Australasia.
Basis Swaps: USD on a roll in busy issuance market
After a quiet start to the week, both sides of the Atlantic are seeing strong issuance, with USD supply from non-domestic issuers booming.
JPY Swaps: Issuance test for BOJ; CACIB Samurai flow
There has been trade in super long sector of the JPY swap curve. Extra bond issuance will test the BOJ in the coming months. CACIB sold Samurai Bonds.
JPY Swaps: QUICK publishing LIBOR prototype
QUICK is now publishing prototype alternative JPY LIBOR rates. Extra virus-related issuance is not expected to increase interest rate volatility.
JPY Swaps: Long-end steeper; Joint virus response
The long-end of the curve has steepened in calm trade. Japan's government and central bank have pledged a continued joint coronavirus response.
JPY Swaps: 30y spread trade; How will second budget impac...
A 30-year JPY swap spread trade idea has been proposed. We also look at how and where the second supplementary budget is expected to impact issuance.
JPY Swaps: Japan in recession before COVID-19 hit
JPY swap spreads have widened in calm trade after Q1 GDP data confirmed Japan was in recession before the COVID-19 hit.
JPY Swaps: Spreads wider post-auction; BOJ on hyperinflat...
JPY swap spreads are wider as JGBs lead a rally after a strong 10y JGB auction. The BOJ says its unlimited bond purchases won't cause hyperinflation.
Asia-Pacific MTNs: Step-up coupon AUD deals
Listing of structured bonds and vanilla bonds issued in the Asia Pacific markets over the past week.
Basis: Fix drags curve lower; Fizz before pop?
Issuance-wise April started with a glut of deals from money-grabbing oil companies. Now it is the turn of the fizzy drink giants.