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.