Bonds - JPY
Asia-Pacific New Issues: Busy Samurais; Westpac USD cover...
New Samurai bond issuance has been busy with Lloyds, BGK and Indonesia in the market. Westpac sold covered USD bonds and KRR issued JPY bonds in size.
Basis: 40y flows stand out; EDF; Guns, regionals and holi...
A welcome European holiday capped new issuance-related flows today. Cross-currency basis traders eyed strong 40y bids, and Congress.
Basis: Heavy flow; Ceiling problems; JPY whopper
With market participants citing a pre-Summer holiday rush, EUR/USD flows came in thick and fast in basis. JPM looks at the ceiling.
Asia-Pacific New Issues: NAB in GBP bonds; Dim sum; Kanga...
Australian issuers have been active both in the domestic and foreign markets. IADB sold a new 2028 Kanga while SMFG is planning a yen TLAC bond offer.
Basis: Some F/E pressure; AT&T weighs; EDF supports
As clouds from the US regions return to blot out the sunshine, so basis swappers refused to panic amid lumpy new issuance. Barclays eyes the ceiling.
Basis: SARON strives to Lord it over the West
Canadian and CHF themes interwove in the market today as SARON made a doomed attempt to seize top spot in the basis market. BNPP eyes JPY/USD.
Asia-Pacific New issues: IFC, BNG Kanga taps; CIBC plans ...
IFC and BNG have both upsized their existing Kanga. CIBC is planning a 3y covered bond offer, and Nickel Industries has sold 5y USD bonds.
Basis: JPY/USD trumps other movers ahead of ECB
The see-sawing cross-currency basis market continues to rise and fall on sentiment regarding floundering banks. The ECB is awaited with interest.
Asia-Pacific New Issues: Lloyds 6y Kangas; Busy domestic ...
Domestic JPY bond market saw some good amount of new issuances. Lloyds in 2-tranche 6y Kangas and CA is planning an inaugural Kangaroo bond offer.
Asia-Pacific New Issues: BHP, Westpac, MUFG, SMFG USD bon...
Busy flow of USD bonds by Asian issuers as well as some good-sized domestic JPY and AUD bonds over the past week.
EUR Swaps: Sell-off continues, ASW tighter; EU; Dutch PF reforms
EUR MTNs: Short list of CMS, Repacks, Emissions-linked and Step-ups
EUR Vol: Pockets of support eyed amid ULC bounce
EUR New Issues: BofA, Munifin, Commerzbank, Santander, SMFG, UniCredit
USD Swaps: Softer ISM Services helps pause cause; Busy IG; Spreads tighten