Just Priced — New Issues

Bonds issued within the last 90 days.

The primary segment of our "Just Priced — New Issues" screen is dominated by heavily discounted US government bills showing anomalous analytical yields, sitting alongside highbeta emerging market and corporate debt offering genuine doubledigit returns. Brazilian basic materials and telecom paper stand out for incomefocused portfolios, led by issues such as GIGABZ yielding 12.42% and CSNABZ offering a 19.248% YTW. Domestic highyield issuers are also wellrepresented among recent supply, featuring deepdiscount opportunities like QVCG at a 13.742% yield and ZENARC printing a 13.28% YTW.

#IssuerISINCouponYTWPriceMaturityNext CallRatingCURAMT OUT
1United States Treasury Bills…XA04035714.194.072752027-02-23No RatingUSD80.4BN
2United States Treasury Bills…WW3305012.3154.12542027-04-29No RatingUSD89.3BN
3United States Treasury Bills…WT040782.4734.18082027-10-28No RatingUSD58.8BN
4CSN Inova Ventures…AA541119.24878.52030-08-12B-USD700MM
5QVC Group Inc.…AA441013.74285.252032-08-062026-11-13No RatingUSD1.22BN
6Zenith Arc LLC…AA708.87513.2884.6252031-08-312028-08-31BBUSD2.25BN
7MPT Operating Partnership LP / MPT Finance Corporation…AB779.2513.24985.15282862032-02-152028-08-10CCC+USD2.4BN
8Gabonese (Republic of)…22539.37512.81683.1252034-10-21No RatingUSD580MM
9Giga Mais Fibra Luxembourg S.a r.l.…AA0111.9512.4298.152032-02-252028-02-15No RatingUSD350MM
10ARXO FINANCE PLC…98441112.03996.2152031-09-242029-03-24BUSD300MM

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