Institutional New Issues

"As Finance Directors, we are often asked to wear many hats and sometimes without much training.  Working with Higgins Capital provides the high touch service needed by most Finance Directors to understand the investment world and do a good job with investment strategies."

- Finance Director/Treasurer -

800 716-6510

Call, email debbie@higginscapital.com, or text me at (858 251-1648).  We Shop The Street® so you don't have to, on new and secondary inquiries in Agencies, Corporates, Money Markets, Munis, Treasuries, etc. to meet your specific needs. Let me know your focus. With over 38 dealer-to-dealer relationships and inventories, let's find what you need. 

August 12, 2022

Agency New Issue MTNs, (at par/100 unless designated)

FHLB 3.00 2/28/23, 6 mo NC 3 mo, qtrly; settles 8/30

FHLB 3.50 11/28/23, 1.25 yr NC 3 mo, qtrly; settles 8/30

FHLB 3.75 8/28/24, 2 yr NC 6 mo, qtrly; settles 8/30

FHLB 3.60 8/28/25, 3 yr NC 1, 1x; settles 8/30

FHLB 4.00 8/28/25, 3 yr NC 3 mo, qtrly; settles 8/30

FHLB 3.35 8/28/23, 1 yr NC 3 mo, qtrly; settles 8/30

FHLB 3.50 8/28/24, 2 yr NC 1, 1x; settles 8/30

FHLB 3.50 5/28/24, 1.75 yr NC 6 mo, 1x; settles 8/30

Bullet CDs (at par/100 unless designated)*

2y (24mo-35mo)

Ally Bk 3.20 SEM 8/19/24; settles 8/18

Discover Bk 3.30 SEM 8/22/24; settles 8/23

First Technology FCU 3.25 MON 8/19/24; settles 8/19

Live Oak Banking Co 3.30 MON 8/26/24; settles 8/26

Morgan Stanley Private Bk 3.15 SEM 8/19/24; settles 8/18

Synchrony Bk 3.25 SEM 8/19/24; settles 8/19

UBS Bk USA 3.35 MON 8/19/24; settles 8/17

3y (36mo-47mo)

Ally Bk 3.25 SEM 8/18/25; settles 8/18

Capital One BK NA 3.30 SEM 8/18/25; settles 8/17

Capital One USA 3.30 SEM 8/18/25; settles 8/17

Direct FCU, MA 3.35 MON 8/18/25; settles 8/17 (credit unions and municipalities only)

Eaglebank Bk, MD 3.30 MON 8/18/25; settles 8/18

Synchrony Bk 3.30 SEM 8/19/25; settles 8/19

4y (48mo-59mo)

Ally Bk 3.30 SEM 8/18/26; settles 8/18

Capital One Bk NA 3.35 SEM 8/17/26; settles 8/17

Capital One USA 3.35 SEM 8/17/26; settles 8/17

Discover Bk 3.35 SEM 8/24/26; settles 8/23

5y (60 mo)

Capital One Bk NA 3.40 SEM 8/17/27; settles 8/17

Capital One USA 3.40 SEM 8/17/27; settles 8/17

Discover Bk 3.40 SEM 8/23/27; settles 8/23

Synchrony Bk 3.40 SEM 8/19/27; settles 8/19

Callable CDs (at par/100 unless designated)*

2y (24mo-35mo)

Ally Bk 3.20 SEM 8/19/24, 2 yr NC 6 mo, mthly; settles 8/18

Live Oak Banking Co 3.50 MON 2/26/25, 30 mo NC 6 mo, mthly; settles 8/26

3y (36mo-47mo)

Ally Bk 3.25 SEM 8/18/25, 3 yr NC 6 mo, mthly; settles 8/18

Central Bk , AR 3.20 MON 8/19/25, 3 yr NC 3 mo, mthly; settles 8/19

Live Oak Banking Co 3.15 MON 8/15/25, 3 yr NC 6 mo, mthly; settles 8/26

Morgan Stanley Bk NA 3.30 MON 2/18/26, 3.5 yr NC 1, s/a; settles 8/18

Morgan Stanley Private Bk 3.30 MON 2/18/26, 3.5 yr NC 1, s/a; settles 8/18

4y (48mo-59mo)

Ally Bk 3.30 SEM 8/18/26, 4 yr NC 6 mo, mthly; settles 8/18

Central Bk, AR 3.30 MON 8/19/26, 4 yr NC 3 mo, mthly; settles 8/19

Live Oak Banking Co 3.60 MON 8/26/26, 4 yr NC 6 mo, mthly; settles 8/26

5y (60mo) 

Central Bk, AR 3.40 MON 8/19/27, 5 yr NC 3 mo, mthly; settles 8/19

First Tech FCU, OR 3.70 MON 8/19/27, 5 yr NC 1, s/a; settles 8/19

FNB of America 3.65 MON 8/19/27, 5 yr NC 6 mo, mthly; settles 8/19

Legacy B&T Co, MO 3.40 MON 8/31/27, 5 yr NC 3 mo, mthly; settles 8/31

Live Oak Banking Co 3.70 MON 8/26/27, 5 yr NC 6 mo, mthly; settles 8/26

Spring Bk 3.30 MON 8/19/27, 5 yr NC 3 mo, mthly; settles 8/19

 

*FDIC or NCUA insured to 250,000

**American Express National Bank is the result of a merger between American Express FSB and American Express Centurion Bank...NOT separately insured from AXP FSB & AXP Centurion.

***State Bank of India, New York (FDIC Cert#33682) and State Bank of India, Chicago, IL (FDIC Cert#33664) are branches of the same banking institution and do NOT receive separate FDIC insurance coverage.

ANN=Annual Interest Payments or Calls

CU=Credit Union

EXAMPLE: FHLB 5 yr NC 6 mo, mo, 5y maturity, non-callable for 6 months, then monthly calls

FEDL01=US Federal Funds Effective Rate

FCPR=Federal Reserve Bank Prime Loan Rate US

FCU=Federal Credit Union (All or Approved Municipalities Only)

IRR=Internal Rate of Return

MO, MON or mthly=Monthly Interest Payments or Calls

NC=Non call

ON=Overnight

QTR/QTRLY=Quarterly Interest Payments or Calls

S/A or SEM=Semi-Annual Interest Payments or Calls

SOFR=Secured Overnight Financing Rate

USTMMR=US Treasury Money Market Rate

YTC=Yield to Call

YTW=Yield to Worst

 

Disclaimer: The above testimonial may not be representative of the experience of other clients and is not indicative of future performance or success.

This information is provided for institutional investors only. The information contained herein is based on sources and data believed to be reliable but is not guaranteed.  Information is provided by Bloomberg Professional.  This communication shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration of qualification under the securities law of any such jurisdiction.  Past performance is no guarantee of future results.