The US Treasury's 10-year TIPS auction hit a high yield of 2.653% on Thursday, up from the 2.438% high in the previous auction.
The bid to cover ratio for the auction was 2.24, below the 2.30 ratio in the previous auction.
Dealers represented 55.01% of the bids, with direct bidders at 16.23% and indirect bidders at 28.77%.
For takedown, dealers took 12.18%, with direct bidders at 28.70% and indirect bidders at 59.12%.
Publicis Groupe (PUB.PA) priced its offering of 500 million-euro notes due September 2030 under its euro medium-term note program.The notes carry a fixed coupon of 4.125% per annum and are being issued by the French public relations group's unit MMS USA Holdings, according to a Wednesday release.Publicis Groupe will use the net proceeds to finance its purchase of US-based data collaboration network company LiveRamp.
Guosen Securities (SHE:002736) triggered interest payment provisions across several tranches of its perpetual subordinated bonds following shareholder approval of an interim equity dividend, according to a Wednesday exchange filing, according to a Shenzhen bourse filing on Wednesday.Under the terms of the perpetual bonds, the brokerage is prohibited from deferring coupon payments if it distributes dividends to shareholders or cuts its registered capital within the 12-month period preceding an interest payment date.
Huaneng Lancang River Hydropower (SHA:600025) completed the issuance of 1.50 billion yuan worth of super short-term commercial paper, according to a Thursday disclosure.The bonds have an interest rate of 1.41% and will mature in 172 days.