Just Priced — New Issues

Bonds issued within the last 90 days, newest first.

Primary market activity over the past ninety days offers institutional investors a robust mix of duration profiles and highgrade issuance, anchored by heavyweight corporate and sovereign borrowers seeking USD liquidity. Highquality tierone names provide attractive entry points across sectors, highlighted by Tencent's longdated paper delivering a 5.999% yieldtoworst on its 2036 maturity and 5.624% on its 2046 tranche. Yieldhungry portfolios can look further down the credit spectrum or into specialized crossborder structures, where emerging market sovereigns like Gabon command attention with a heavy 12.411% yieldtoworst on its 2034 bonds priced at a steep discount. Meanwhile, highyield energy representation from issuers such as BPL offers a solid 6.702% yieldtoworst in the 2031 maturity bucket, balancing income generation with shorttomedium duration risk. Financial and supranational issuers dominate the frontend and intermediate space, with Agricultural Bank of China zerocoupon or discounted formats yielding between 4.28% and 4.31% out to 2031, providing stable, liquid carry alternatives. Concurrently, toptier global banks like Standard Chartered and highgrade sovereigns such as Sweden's Komins round out the sweep, ensuring professional accounts have ample scope for relative value trades and curve positioning.

Results are limited to USD bonds with an amount outstanding of at least USD 200MM.