Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers F > Headlines for Ford Foundation > News item |
High-grade primary quiet ahead of election; thin supply eyed
By Cristal Cody
Tupelo, Miss., Nov. 2 – The high-grade primary market stayed quiet over Monday’s session with focus this week on the U.S. presidential election, the Federal Reserve’s two-day monetary policy meeting and the October jobs report.
Swedish Export Credit plans to price $600 million of 0.25% notes due May 10, 2022 in an offering expected to close on Thursday.
In other primary activity, the Bush Foundation joins the list of high-grade issuers bringing social bond deals this year with a $100 million offering of taxable social bonds due Oct. 1, 2050 (Aaa).
Issuers including Citigroup Inc., Bank of America Corp., the Ford Foundation and Caisse d'Amortissement de la Dette Sociale have priced social bonds year to date.
Anywhere from zero to about $10 billion of investment-grade supply is anticipated this week, according to syndicate sources.
November supply is forecast to total about $50 billion to $75 billion for the month.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.