China Minsheng Banking (SHA:600016, HKG:1988) issued bonds worth 10 billion yuan, according to a Shanghai bourse filing on the weekend.
The bonds carry a three-year fixed interest rate with a coupon rate of 1.58%.
What else is happening in Treasury?
Treasury
US Treasury Closing Levels
3:00 Friday vs 3:00 Thursday2yr 98-27+ vs 98-31+; 4.741% vs 4.675%5yr 97-29+ vs 98-06; 4.851% vs 4.788%10yr 97-03+ vs 97-19; 4.996% vs 4.932%30yr 96-30 vs 97-18+; 5.330% vs 5.286%2/10 25.076 bps vs 25.550 bps5/30 47.716 bps vs 49.559 bps
Treasury
US Dollar Nudges Higher Against The Loonie as Bond Yields Rise
The US dollar was slightly higher against the Canadian dollar on Friday afternoon, hovering near the highest level since early August.The US dollar was last seen up 0.04% to CA$1.3997.US 10-year treasury yields climbed back up to 5% even after the US Federal Reserve hiked interest rates by 25 basis points on Wednesday, marking the first increase since July 2023.Comex gold futures for December were up 0.6% to $4,4426.40 per ounce.Oil prices dropped Friday afternoon after Saudi Arabia shifted some crude exports through the Strait of Hormuz, according to reports by several media outlets.West Texas Intermediate October futures benchmark fell 1.1% to $100.76 per barrel. November Brent crude futures edged down 1.1% to $103.66.
$CXY$CAD=X
Treasury
Intrum, Brocc Finance to Acquire SEK4 Billion Nordic Loan Portfolio from Swedbank Unit
Intrum (INTRUM.ST) and Brocc Finance agreed to jointly acquire a 4 billion-krona non-performing consumer finance loan portfolio from Swedbank's (SWED-A.ST) Entercard.The portfolio comprises 17,500 loans across Nordic markets, according to a Friday release. Intrum will become the servicer for the portfolio after completion of the transaction, which is expected in the fourth quarter, subject to regulatory approval.The acquisition supports the credit management services company's strategy to expand its capital-light investments through long-term institutional partnerships.
$INTRUM.ST$SWED-A.ST