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Issuers
Goldman issues $2 billion of 10-year notes
Tuesday, March 2, 2010
Goldman Sachs yesterday sold $2 billion of dollar denominated 2020-dated senior notes. The 5.375% notes yield 190bp over treasuries. 10-year credit default swaps referencing the bank trade at 132bp currently.
US banks are said to be looking to secure longer-term funding to replace 2012-dated debt guaranteed by the government.
US Bancorp also sold $500 million of five-year notes with a yield of 3.15%.
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CFlux secondary
CLO index levels:
| Index | 6 Feb |
|
| CFlux USD AAA | ↑ | 94.9 |
| CFlux USD AA | ↓ | 81.3 |
| CFlux USD A | ↓ | 75.0 |
| CFlux USD BBB | ↑ | 74.8 |
| CFlux USD BB | ↑ |
72.1 |
| CFlux USD EQ | ↑ | 67.6 |
