Daily Flows

• Today, Great Southern Bank has launched a 3 year floating MTN with initial price guidance at +110
  
• Volume in the recent TCorp 2029 FRN is available via Curve in the secondary market.
  
• Opportunities to pick up upwards of +50 for 3 months remain in the NCD market for those able to place with foreign branch banks.

Minimal Data To Drive Market Sentiment Before U.S. Federal Election

• There has been little tier 1 data to guide markets, with uncertainty lingering until after the U.S. Federal election.
• U.S. Treasury yields have edged slightly higher, though no significant movements have been reported.
• Domestically, corporate advisor Kroll has indicated that the terms of the merger deal appear reasonable, marking a positive step forward.
• There’s minimal domestic data for markets to digest this week. In Europe, there’s commentary from central banks, and in the U.S., new home sales data is due.