UTILITIES: SSE (SSELN Baa1/BBB+/A-): New Issue FV
Mar-13 14:01
* IPT: Exp. EU500m 7Y Green MS+130 Area. * Secondary is quoted 1-2 wider. * We see FV at MS+93a....
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STIR: Effective Fed Funds Rate
Feb-11 14:00
FRBNY EFFR for prior session:
- Daily Effective Fed Funds Rate: 4.33% (+0.00), volume: $96B
- Daily Overnight Bank Funding Rate: 4.33% (+0.00), volume: $273B
CANADA DATA: Canada Building Permits +7.8% in 2024 To Record CAD145B
Feb-11 13:58
- Canadian building permits in 2024 +7.8% to a record high of CAD145B.
- In constant dollars total permits +3.7%; residential +6.3% to CAD52.5B. Single-family dwellings in 2024 -31% while multi-unit housing +12%.
- Q4 permits +1.2%, CAD37.5B worth of permits led by residential.
- In Dec., permits +11% MOM to CAD13.1B led by residential growth in Ontario and British Columbia.
- Report is another sign the BOC's rate cuts that began in June is aiding domestic spending.
MNI: US REDBOOK: FEB STORE SALES +5.3% V YR AGO MO
Feb-11 13:55
- MNI: US REDBOOK: FEB STORE SALES +5.3% V YR AGO MO
- US REDBOOK: STORE SALES +5.3% WK ENDED FEB 08 V YR AGO WK
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