3:00 Wednesday vs 3:00 Tuesday
2yr 98-29 vs 99-00; 4.710% vs 4.661%
5yr 97-30+ vs 98-01; 4.842% vs 4.822%
10yr 97-04+ vs 97-03; 4.990% vs 4.996%
30yr 96-27 vs 96-14; 5.335% vs 5.364%
2/10 27.510 bps vs 33.299 bps
5/30 49.065 bps vs 53.706 bps
What else is happening in Treasury?
Treasury
Icelandic Holding Company Festi Issues ISK1 Billion Bill
Festi (FESTI.IC) issued a new six-month bill with a nominal value of 1 billion Icelandic kronur, according to a Tuesday release.The Icelandic holding company issued the bill at a flat interest rate of 8.65%, with settlement on Sept. 22.Festi plans to list the bill on Nasdaq Iceland's main market.
$FESTI.IC
Treasury
Vår Energi Prices Offering of Three Senior Notes
Vår Energi (VAR.OL) said Tuesday that it priced its offering of three senior notes, with settlement expected on Sept. 22, 2026.The offering includes $750 million of 5.5% senior notes maturing on Sept. 22, 2029, along with $750 million in 5.75% senior notes due on Sept. 22, 2031. It also covers $1 billion of senior notes carrying an annual fixed coupon of 6.125% and will mature on Sept. 22, 2036.The upstream oil and gas company earmarked the proceeds to fully repay its existing senior notes due 2027, for general corporate purposes and to pay transaction fees and expenses.
$VAR.OL
Treasury
Guosen Securities to Pay Annual Interest on 3.8 Billion Yuan Bonds
Guosen Securities (SHE:002736) will pay the annual interest on its 3.8 billion yuan, three-year corporate bonds carrying a 1.96% coupon on Thursday.Pre-tax interest is set at 19.60 yuan per 10 bonds for the interest period running from Sept. 17, 2025, to Sept. 16, 2026, according to a Tuesday filing with the Shenzhen Stock Exchange.The payment will be distributed to bondholders as of the Sept. 16 record date.Shares of the securities company were down nearly 1% in recent trade.
SHE:002736