Just Priced — New Issues
Bonds issued within the last 90 days, newest first.
The latest primary market vintage highlights a distinct bifurcation in global USD issuance, balancing highyielding emerging market paper against highgrade domestic agency and supranational supply. For instance, Arada Developments offers a compelling 9.269% YTW in the Middle Eastern financial sector, while the African Development Bank anchors the supranational space with steady 4.949% YTW liquidity. Domestic utilities and international banking giants are heavily populating the fronttointermediate curve, providing professional desks with predictable duration anchors. National Rural Utilities Cooperative features multiple liquid tranches yielding between 5.159% and 5.465% YTW, and Mizuho provides a defensive Japanese financial exposure on the shorter end of the curve. Yieldhungry portfolios searching for enhanced income can look toward select industrial and financial highbeta names recently hitting the tape, such as Aeropuertos Argentina yielding an 8% coupon. These fresh prints allow portfolio managers to lock in attractive absolute yields across diversified geographies before anticipated macroeconomic shifts alter primary issuance dynamics.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Arada Sukuk 2 Ltd. | …5478 | 8.875 | 9.269 | 98.45 | 2031-11-02 | 2031-08-02 | No Rating | USD | 400MM |
| 2 | U.S. Bancorp. | …BF28 | 7.2 | 7.092 | 100.46875 | 2176-10-30 | 2032-01-15 | BBB | USD | 1BN |
| 3 | ASB Bank Ltd. | …AB72 | 5.696 | 5.608 | 100.239 | 2029-11-02 | No Rating | USD | 600MM | |
| 4 | National Rural Utilities Cooperative Finance Corp. | …GL06 | 5.6 | 5.465 | 100.57325 | 2031-10-30 | 2031-08-30 | No Rating | USD | 400MM |
| 5 | National Rural Utilities Cooperative Finance Corp. | …GK23 | 5.4 | 5.303 | 100.2635 | 2029-10-30 | 2029-09-30 | No Rating | USD | 400MM |
| 6 | National Rural Utilities Cooperative Finance Corp. | …GJ59 | 5.25 | 5.159 | 100.171 | 2028-10-27 | No Rating | USD | 400MM | |
| 7 | African Development Bank | …FQ70 | 4.875 | 4.949 | 99.789 | 2030-01-18 | No Rating | USD | 2.5BN | |
| 8 | Aeropuertos Argentina 2000 S.A. | …AT01 | 8 | 2036-11-05 | 2029-11-05 | No Rating | USD | 400MM | ||
| 9 | United States Treasury Notes | …RR42 | 2.25 | 2031-10-15 | No Rating | USD | 26BN | |||
| 10 | Mizuho Bank Ltd | …BV10 | 4.5493 | 2028-10-30 | No Rating | USD | 450MM |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.