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
Please call, EMAIL, or text 858 251-1648 with all inquiries on secondaries, including Agencies, Corporates, Municipals, Treasuries, etc.
July 1, 2022
BOND MARKET CLOSE AT 11:00 PT.
Agency New Issue MTNs
There are no new issues so far this am.
Bullet CDs (at par/100 unless designated)*
2y (24mo-35mo)
Ally Bk (FKA GMAC) 3.15 SEM 7/8/24; settles 7/7
Ally Bk (FKA GMAC) 3.20 SEM 1/7/25; settles 7/7
American Express Nat'l Bk
Banc of CA NA
Barclays Bk
Beal Bk TX
Beal Bk USA
BMO Harris Bk
Capital One 3.30 SEM 7/8/24; settles 7/7
Capital One BK USA 3.30 SEM 7/8/24; settles 7/7
Connexus CU
Discover Bk
Goldman Sachs Bk 3.10 sem 7/15/24; SETTLES 7/13
Greenstate FCU 3.20 MON 7/15/24; settles 7/15
Morgan Stanley Bk NA
Morgan Stanley Private Bk
Sallie Mae Bk
State Bk of India NY
Synchrony Bk
UBS Bk USA
3y (36mo-47mo)
Ally Bk (FKA GMAC) 3.25 SEM 7/7/25; settles 7/7
Ally Bk (FKA GMAC) 3.30 SEM 1/7/26; settles 7/7
American Express Nat'l Bk
Barclays Bk
Beal Bk TX
Beal Bk USA
BMO Harris Bk
Capital One NA 3.40 SEM 7/7/25; settles 7/7
Capital One BK USA 3.40 SEM 7/7/25; settles 7/7
Connexus CU
Discover Bk
Goldman Sachs Bk 3.20 SEM 7/14/25; settles 7/13
Greenstate FCU 3.25 MON 7/15/25; settles 7/15
Live Oak Banking Inc
Morgan Stanley Bk NA
Morgan Stanley Private Bk
Sallie Mae Bk
Synchrony Bk 3.35 SEM 7/8/25; settles 7/8
The Farmers & Merchants WI 3.20 MON 7/22/25; settles 7/22
UBS BK USA
USAlliance FCU
4y (48mo-59mo)
Ally Bk (FKA GMAC) 3.45 SEM 7/7/26; settles 7/7
Beal Bk TX
Beal Bk USA
Capital One NA
Capital One BK USA
Connexus CU
Discover Bk
Goldman Sachs Bk
Greenstate FCU 3.35 MON 7/15/26; settles 7/15
Morgan Stanley Bk
Morgan Stanley Private Bk
5y (60 mo)
American Express Nat'l Bk
Beal Bk USA
Capital One NA 3.45 SEM 7/7/27; settles 7/7
Capital One BK USA 3.45 SEM 7/7/27; settles 7/7
Discover Bk 3.25 SEM 7/13/27; settles 7/13
Goldman Sachs Bk
Connexus CU
Morgan Stanley Bk NA
Morgan Stanley Private Bk
St Bk of India IL
Synchrony Bk
USAlliance FCU
Callable CDs (at par/100 unless designated)*
2y (24mo-35mo)
Ally Bk (FKA GMAC) 3.25 SEM 7/8/24, 2 yr NC 6, mthly; settles 7/8
Ally Bk (FKA GMAC) 3.30 SEM 1/7/25, 30 mo NC 6 mo, mthly; settles 7/8
BankUnited NA
Discover Bk 3.15 MON 7/15/24, 2 yr NC 6 mo, mthly; settles 7/13
Goldman Sachs Bk 3.35 SEM 7/8/24; 2 yr Nc 6 mo, mthly; settles 7/6
3y (36mo-47mo)
Ally Bk (FKA GMAC) 3.35 SEM 7/7/25, 3 yr NC 6 mo, mthly; settles 7/7
Ally Bk (FKA GMAC) 3.40 SEM 1/7/26, 42 mo NC 6 mo, mthly; settles 7/7
BMO Harris Bk NA 3.55 MON 7/11/25, 3 yr NC 6 mo, qtrly; settles 7/11
JP Morgan Chase 3.40 SEM 7/15/23, 3 yr NC 6 mo, s/a; settles 7/15
Morgan Stanley BK NA
Morgan Stanley Private Bk
4y (48mo-59mo)
Ally Bk (FKA GMAC) 3.45 SEM 7/7/26, 4 yr NC 6 mo, mthly; settles 7/7
First Finc'l Bk USA 3.25 MON 7/10/26, 4 yr NC 3 mo, mthly; settles 7/11
FNB of America
5y (60mo)
First Finc'l Bk USA 3.30 MON 7/9/27, 5 yr NC 3 mo, mthly; settles 7/11
Morgan Stanley Bk NA
Morgan Stanley Private Bk
The Farmers & Merchants WI 3.40 MON 7/15/27, 5 yr NC 6 mo, mthly; settles 7/15
*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 or MON=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
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.
Disclaimer: The above testimonial may not be representative of the experience of other clients and is not indicative of future performance or success.