US money market benchmark SOFR falls to 3.56%, widening spread with IORB to negative 9bp, the lowest since July 2025, as liquidity surges following tax season end, prompting Fed to cut reserve management purchases by $15 billion to $10 billion through June 11
#YonhapInfomax #SOFR #IORB #MoneyMarketLiquidity #FederalReserve #ReserveManagementPurchases #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=120891
Flush with Liquidity, US Money Markets See SOFR Fall Well Below Reserve Rate
US money market benchmark SOFR falls to 3.56%, widening spread with IORB to negative 9bp, the lowest since July 2025, as liquidity surges following tax season end, prompting Fed to cut reserve management purchases by $15 billion to $10 billion through June 11
Federal Reserve sharply reduces Treasury bill purchases to $10 billion monthly as US money market liquidity surges following tax deadline, with SOFR falling 12bp from recent highs to 3.60% amid abundant liquidity conditions
#YonhapInfomax #FederalReserve #ReserveManagementPurchases #MoneyMarketLiquidity #SOFR #TreasuryBills #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=120403
Fed Slashes Treasury Bill Purchases to $10 Billion Monthly as US Money Market Liquidity Surges
Federal Reserve sharply reduces Treasury bill purchases to $10 billion monthly as US money market liquidity surges following tax deadline, with SOFR falling 12bp from recent highs to 3.60% amid abundant liquidity conditions
Korea Investment & Securities has led the largest-ever Kimchi bond issuance by a South Korean credit card company, underwriting $120 million in KB Kookmin Card's two-year floating rate notes amid global market volatility.
#YonhapInfomax #KimchiBond #KoreaInvestmentSecurities #KBKookminCard #SOFR #BondIssuance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=107257South Korea's IRS rates rose across all maturities on February 19, with long-term yields outpacing short-term gains, steepening the yield curve as short-term tenors under one year showed relative strength and swap basis spreads shifted notably.
#YonhapInfomax #IRSRates #YieldCurve #SwapBasis #SOFR #ShortTermStrength #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=105875
IRS Rates Bear Steepen—Short-Term Tenors Under One Year Show Relative Strength
South Korea's IRS rates rose across all maturities on February 19, with long-term yields outpacing short-term gains, steepening the yield curve as short-term tenors under one year showed relative strength and swap basis spreads shifted notably.
NH NongHyup Bank's Hong Kong branch has issued a $50 million global bond, marking its first independent overseas bond issuance to diversify foreign currency funding and support Korean firms' global expansion.
#YonhapInfomax #NHNongHyupBank #GlobalBond #HongKongBranch #SOFR #CréditAgricole #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=105354
NH NongHyup Bank Hong Kong Branch Successfully Issues $50 Million Global Bond
NH NongHyup Bank's Hong Kong branch has issued a $50 million global bond, marking its first independent overseas bond issuance to diversify foreign currency funding and support Korean firms' global expansion.
Kiwoom Securities Leads $50 Million Kimchi Bond Issuance for Hyundai Capital – Spread Set at 62bp
Hyundai Capital Services raised $50 million through a two-year Kimchi bond, led by Korea Investment & Securities, with a 62bp spread over SOFR amid volatile markets.
South Korea’s kimchi bond market is seeing renewed momentum as Hyundai Capital Services and Lotte Property & Development launch new foreign currency-denominated issuances, following regulatory easing that has revived interest among both credit finance firms and private corporations.
#YonhapInfomax #KimchiBonds #HyundaiCapitalServices #LottePropertyDevelopment #SOFR #RegulatoryEasing #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=103741
Kimchi Bonds Emerge in Force—Hyundai Capital and Lotte Property Join the Market
South Korea’s kimchi bond market is seeing renewed momentum as Hyundai Capital Services and Lotte Property & Development launch new foreign currency-denominated issuances, following regulatory easing that has revived interest among both credit finance firms and private corporations.
Hyundai Card has resumed Kimchi bond issuance after 15 years, raising $20 million in a one-year SOFR-linked deal as South Korea eases regulations to boost foreign currency funding.
#YonhapInfomax #HyundaiCard #KimchiBond #SOFR #BankOfKorea #Liquidity #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=100420
Hyundai Card Issues $20 Million Kimchi Bond
Hyundai Card has resumed Kimchi bond issuance after 15 years, raising $20 million in a one-year SOFR-linked deal as South Korea eases regulations to boost foreign currency funding.
US SOFR fell below the Federal Reserve's IORB for the first time in three months, signaling easing liquidity pressures in the US money market as reserve balances rise following the Fed's RMP policy.
#YonhapInfomax #SOFR #IORB #FederalReserve #Liquidity #ReserveBalances #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=99233
Fed RMP Impact—US SOFR Falls Below IORB for First Time in Three Months
US SOFR fell below the Federal Reserve's IORB for the first time in three months, signaling easing liquidity pressures in the US money market as reserve balances rise following the Fed's RMP policy.
IRS Rates Rise—Mid-to-Long-Term Weakness Mirrors Cash Market
South Korea's IRS and CRS (SOFR) rates rose across maturities, with mid-to-long-term segments showing pronounced weakness, mirroring the cash bond market.
Yonhap Infomax News