Just Priced — New Issues
Bonds issued within the last 90 days.
Ten bonds issued within the last 90 days form this Just Priced screen, spanning government, communications, utilities, financials and basic materials issuers. This gives fixedincome investors fresh primarymarket entry points across a broad range of credit qualities. Higherrated paper still offers attractive carry, with ZENARC's BBrated 8.875% 2031 notes yielding 13.12% and GIGABZ's 11.95% 2032 bonds yielding 12.42%. Both pricing levels reflect a meaningful pickup over more conventional issuance. Lowerrated credits pay more for the risk, as CSNABZ's B rated 11% 2030 notes yield 19.25% and MPW's CCC+ 9.25% 2032 bonds yield 14.15%. Ukraine's NPCUKR 8.5% 2031 utility notes, at 10.72%, show that selective credit analysis will drive relative value across this group.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | United States Treasury Bills | …XA04 | 0 | 35714.19 | 4.07275 | 2027-02-23 | No Rating | USD | 80.4BN | |
| 2 | CSN Inova Ventures | …AA54 | 11 | 19.248 | 78.51 | 2030-08-12 | B- | USD | 700MM | |
| 3 | MPT Operating Partnership LP / MPT Finance Corporation | …AB77 | 9.25 | 14.148 | 82.21827 | 2032-02-15 | 2028-08-10 | CCC+ | USD | 2.4BN |
| 4 | Zenith Arc LLC | …AA70 | 8.875 | 13.123 | 85.125 | 2031-08-31 | 2028-08-31 | BB | USD | 2.25BN |
| 5 | Gabonese (Republic of) | …2253 | 9.375 | 12.474 | 84.6275 | 2034-10-21 | No Rating | USD | 580MM | |
| 6 | Giga Mais Fibra Luxembourg S.a r.l. | …AA01 | 11.95 | 12.42 | 98.15 | 2032-02-25 | 2028-02-15 | No Rating | USD | 350MM |
| 7 | ARXO FINANCE PLC | …9844 | 11 | 12.039 | 96.215 | 2031-09-24 | 2029-03-24 | B | USD | 300MM |
| 8 | EDL-Generation Public Company | …AA05 | 11.125 | 10.789 | 100.75 | 2031-08-11 | 2029-08-11 | CCC+ | USD | 300MM |
| 9 | Banco Multiva SA | …AC86 | 11 | 10.762 | 100.8355 | 2176-08-10 | 2031-08-10 | High Yield 2 | USD | 300MM |
| 10 | National Power Company Ukrenergo Private Joint Stock Company | …4210 | 8.5 | 10.718 | 91.5 | 2031-12-01 | No Rating | USD | 395MM |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.