Just Priced — New Issues
Bonds issued within the last 90 days, newest first.
The latest primary market activity highlights a robust slate of newly priced USDdenominated paper, dominated by highgrade corporate supply and targeted sovereign issuance spanning the two to tenyear curve. Institutional desks are actively digesting these fresh offerings, which provide attractive entry points amid ongoing macroeconomic and ratepath uncertainty. In the highgrade noncyclical sector, KimberlyClark (KMB) has anchored recent flow with a multitranche offering, featuring yields ranging from 5.121% on the October 2028 maturity up to 5.809% on the 2036 paper, offering solid Arated yield pickup. Meanwhile, highbeta credit is wellrepresented by names like BPL, which recently priced its 2031 notes at a compelling 6.705% yield. Crossborder and supranational supply further broadens the opportunity set for fixedincome allocators, highlighted by Toyota’s 5.193% yielding 2031 notes and ExportImport Bank of Korea’s 5.525% paper maturing in October 2031. These new issues collectively allow portfolio managers to lock in attractive absolute yields across diverse sectors without compromising on liquidity or credit profile.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Buckeye Partners LP | …AF54 | 6.875 | 6.705 | 100.7125618 | 2031-11-01 | 2028-11-01 | BB | USD | 550MM |
| 2 | Kimberly-Clark Corporation | …AK18 | 5.8 | 5.809 | 99.9291111 | 2036-10-29 | 2036-07-29 | A | USD | 1.15BN |
| 3 | Kimberly-Clark Corporation | …AJ45 | 5.65 | 5.678 | 99.8471389 | 2034-01-29 | 2033-11-29 | A | USD | 750MM |
| 4 | Korean Air Lines Co Ltd | …2186 | 5.5 | 5.525 | 99.89075 | 2031-10-27 | No Rating | USD | 300MM | |
| 5 | Kimberly-Clark Corporation | …AH88 | 5.45 | 5.485 | 99.85 | 2031-10-29 | 2031-09-29 | A | USD | 1.25BN |
| 6 | Kimberly-Clark Corporation | …AG06 | 5.3 | 5.289 | 100.03 | 2029-10-29 | 2029-09-29 | A | USD | 1BN |
| 7 | Toyota Motor Finance (Netherlands) B.V. | …2018 | 5.18 | 5.193 | 99.9475 | 2031-10-15 | No Rating | USD | 737MM | |
| 8 | Kimberly-Clark Corporation | …AF23 | 5.1 | 5.121 | 99.96 | 2028-10-29 | A | USD | 750MM | |
| 9 | Bank of China Limited Johannesburg Branch | …0951 | 4.2688 | 2029-10-27 | No Rating | USD | 250MM | |||
| 10 | International Bank for Reconstruction & Development | …ME09 | 4.875 | 2031-10-27 | No Rating | USD | 5BN |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.