CREDIT MARKETS

Treasuries:
Treasury prices declined Monday, pushing yields higher, as Federal Reserve chief Ben Bernanke’s outlook that the recession could end this year supported global equity markets and reduced the desire for the relative security of U.S. government debt. The U.S. recession will come to an end “probably this year,” Bernanke said in a rare televised interview Sunday. He also warned that the nation’s 8.1 percent unemployment rate will continue to rise and that a full recovery won’t take place until the financial
system is stabilized. Mitigating against the losses in Treasuries, some economic data released Monday came in weaker than expected. The New York Fed’s Empire State manufacturing survey fell four points in March to a negative 38.2, a record low. The Federal Open Market Committee meets Tuesday and Wednesday, when policy makers will release their official forecast for the economy. Analysts expect no change in the Fed’s target overnight lending rate between banks, currently set at a range of 0.25
percentage point to zero. In another sign credit markets are thawing , Pfizer Inc. plans a five part sale of notes to help fund its purchase of Wyeth. Economic news tomorrow will focus on PPI, housing permits and housing starts.

Commentary/New Issues

Corporate:
$1.0 BLN, Smith Int’l, Baa1/BBB+, 2 part $700 MM, 9.75%, 3/15/19, +680bp; $300 MM, 8.625%, 3/15/14, +680bp
$750 MM, Progress Energy, Baa2/BBB, 2 part $300 MM, 6.05%, 3/15/14, +420bp; $450 MM, 7.05%, 3/15/19, +415bp

ABS:
Nothing

Agency:
Nothing

New Issues larger than $250 mm. The fixed income offerings mentioned above are for informational purposes only. Toussaint Capital Partners, LLC, member NASD/SIPC, and/or its affiliates may be a participant in the offering mentioned and therefore offerings will be subject to availability.
All statistical data is sourced from Bloomberg Financial Markets.

CREDIT MARKETS

Treasuries:
Treasury prices headed for a weekly slide as U.S. equities posted impressive gains, indicating investors are more willing to take on more risk than U.S. debt. Treasuries are headed for a loss on the week, with 10-year yields up from 2.83 percent and 2-year yields up from 0.92 percent last Friday. The Standard & Poor’s 500 index is on track to gain 10 percent since last Friday, the first positive week in five and the biggest jump since November. Treasury prices were also under pressure Friday as Chinese Premier Wen Jiabao expressed concern about the safety of its U.S. bonds. China is the largest holder of Treasuries and has been increasingly vocal in recent times about how the U.S. is dealing with its economy and deficits.
Also pressuring bonds, an index of consumer sentiment index unexpectedly improved slightly up inn early March to 56.6 from 56.3 in February, but remains at relatively low levels amid mounting job losses. The Treasury Department sold $34 billion in 3-year notes The Treasury Department sold $34 billion in 3-year notes. Economic news for next week highlights CPI, PPI and FOMC meeting.

Commentary/New Issues

Corporate:
$350 MM, Union Electric, 8.45%, 3/15/39, Baa1/BBB, +482.5bp

ABS:
Nothing

Agency:
Nothing

New Issues larger than $250mm. The fixed income offerings mentioned above are for informationaln purposes only. Toussaint Capital Partners, LLC, member NASD/SIPC, and/or its affiliates may be a participant in the offering mentioned and therefore offerings will be subject to availability.
All statistical data is sourced from Bloomberg Financial Markets

CREDIT MARKETS

Treasuries:
Treasury prices gained Thursday, pushing yields down, as plenty of buyers showed up for the government’s 30-year bond auction, its last debt sale of the week. The Treasury Department sold $11 billion in 30-year bonds at a yield of 3.640 percent. This was less than traders had expected, based on trading just before the auction. The sale marked the first time the government has tried reopening the so-called long bond a month after the initial sale. In a reopening, the debt for sale carries the same coupon and maturity as the original bonds. Investors bid $2.40 for every dollar available, compared to $2.30 at the last five reopenings. Indirect bidders, bought 46.2% of the sale, the highest since February 2006, when the Treasury resuming issuing the securities after a five-year hiatus. Direct bidders took another 9.8 percent, also considerably more than usual.
Reopening 30-year bonds is one of many steps the government has had to take lately to increase issuance to finance all the stimulus spending, tax breaks, and the Federal Reserve’s liquidity initiatives aimed at restarting U.S. economic growth and financial markets. Economic news tomorrow will focus on trade balance and University of Michigan Confidence.

Municipals:
The University of California raised about $800 million today to finance projects around its 10-campus system and to refinance debt, driving fixed-rate bond sales in the municipal market to the highest in eight weeks.
The university, sold revenue bonds through Barclays Plc at yields ranging from 1.15 percent on notes due next year to 5.57 percent on 30-year debt. States, cities, colleges and other tax-exempt issuers have sold at least $6.6 billion in bonds this week, the most since mid-January, based on preliminary data compiled by Bloomberg. The municipal market has benefited in part from a three-day stock market rally led by financial companies such as Citigroup Inc. and Bank of America Corp., which said they were profitable in January and February. If you can improve the backdrop for investing in general, that can help munis. After what we’ve been through the last 12 months, if you get a sense the sea is calm, you want to put out to sea. Yields on AAA 15-year general obligation bonds held the past two days at 4.49 percent, the highest in almost nine weeks. The final read on the MMD was 2010-2032: yields were unchanged; 2033-2039: yields were higher by 1bp.

Commentary/New Issues

Corporate:
$1.0 BLN, Valero Energy, Baa2/BBB, 2 part $750 MM, 9.375%, 3/15/19, +650bp; $250 MM, 10.50%, 3/15/39, +687.50bp
$500 MM, Sysco Corp., A1/A, 2 part $250 MM, 5.375%, 3/17/19, +260bp; $250 MM, 6.625%, 3/17/39, +315bp

ABS:
$1.5 BLN, SLM Private Education Loan Trust 09-A

Agency:
$9.0 BLN, Fannie Mae, 2.750%, 3/13/14, +90bp

New Issues larger than $250mm. The fixed income offerings mentioned above are for informational purposes only. Toussaint Capital Partners, LLC, member NASD/SIPC, and/or its affiliates may be a participant in the offering mentioned and therefore offerings will be subject to availability.
All statistical data is sourced from Bloomberg Financial Markets

CREDIT MARKETS

Treasuries:
Treasury prices declined Wednesday, nudging yields higher, after the government received solid demand for its $18 billion in 10-year notes. The government sold the 10-year securities at a yield of 3.043 percent. The bid/cover ratio was 2.14, compared with 2.211 at the February 11th auction, the lowest since last March. Indirect bidders bought 23.9 percent of the amount sold, compared with 37.8 percent in the prior auction. Direct bidders, investors bidding for their own accounts, took another 3.1 percent of the sale—about 10 times the average at reopenings. The Treasury will finish off its schedule of debt auctions for the week on Thursday, putting $11 billion in 30-year bonds up for sale. As with the 10-year auction, the 30-year auction will be a reopening. For the 30-year bonds, it will be the first reopening a month after the original issue. The U.S. federal government budget widened to $192.8 billion in February as tax receipts plunged to the lowest level in 14 years. Economic new for tomorrow will focus on initial jobless claims and retail sales less autos.

Municipals:
The University of Pittsburgh and Pennsylvania will be among today’s largest U.S. municipal borrowers, with benchmark 10-year yields at an eight-week high. Pitt, one of Pennsylvania’s four state-related universities that get public funding while keeping independent control, plans to sell $427 million of revenue bonds through BarcThe District of Columbia expanded by 80 percent to $800 million its inaugural sale of bonds secured by income taxes as the U.S. capital tapped into demand for a new security with a top Standard & Poor’s rating. Washington, D.C., sold one of the week’s two largest tax- exempt offerings yesterday, a day sooner than planned. The average interest rate was 4.84 percent. The district government wants to obtain lower interest costs in coming years by borrowing as much as $3 billion against a pledge of its personal and business income taxes, instead of selling the lower-rated general obligation bonds. Washington was joined in the municipal market yesterday by Oregon and California, which also moved up their sales of revenue bonds previously set for today. The University of California plans to begin an $800 million bond sale today, taking orders from retail buyers through Barclays Plc. Yields on AAA general obligation bonds due in 10 years rose two basis points to 3.54 percent yesterday, the highest in eight weeks. In the past few weeks, we have seen an uptick in supply and there are expectations for more supply. A lot of issuers were waiting to see what support was coming from the federal government in the Obama administration’s stimulus package enacted last month. The final read on MMD was as follows 2010-2013: yields were unchanged; 2014-2016: yields were lower by 1bp; 2017: yields were lower by 2bp; 2018: yields were lower by 4bp; 2019: yields were lower by 2bp; 2020-2039: yields were unchanged.

Commentary/New Issues

Corporate:
$550 MM, Eaton Corp., A3/A, 2 part $250 MM, 5.95%, 3/20/14, +400bp; $300 MM, 6.95%, 3/20/19, +410bp
$500 MM, Walt Disney, 5.50%, 3/15/19, A2/A, +262.5bp
$500 MM, Florida Power & Light, 5.96%, 4/1/39, Aa3/A, +220bp

ABS:
Nothing

Agency:
Nothing

New Issues larger than $250mm. The fixed income offerings mentioned above are for informational purposes only. Toussaint Capital Partners, LLC, member NASD/SIPC, and/or its affiliates may be a participant in the offering mentioned and therefore offerings will be subject to availability.
All statistical data is sourced from Bloomberg Financial Markets.

CREDIT MARKETS

Treasuries:
Treasury prices sustained losses as yields pushed higher for a third consecutive session Tuesday, after the government put up for sale a record amount of 3-year notes and stocks rallied, diminishing the relative investment appeal of fixed-income assets. The Treasury Department sold $34 billion in 3-year notes to yield 1.489 percent. Demand for the three year notes was weaker than at the last auction. Investors bid $2.26 for every dollar sold in the 3-year auction, compared with an average of $2.53 at the last four sales. Indirect bidders, bought 40.3 percent of the latest 3-year sale, compared with an average of 36 percent at the last four sales. Government and central bank efforts have yet to restore credit markets to where they were before freezing at the end of 2007. The U.S. sold $1.9 trillion of debt maturing in one year or less in the fourth quarter to pay for efforts to stem the collapse of the world’s biggest financial companies, which reported almost $1.2 trillion of losses and write downs since the start of 2007. Quiet on the economic news front for tomorrow.

Municipals:
The University of Pittsburgh and Pennsylvania will be among today’s largest U.S. municipal borrowers, with benchmark 10-year yields at an eight-week high. Pitt, one of Pennsylvania’s four state-related universities that get public funding while keeping independent control, plans to sell $427 million of revenue bonds through Barclays Plc. The state itself will take bids from investment banks seeking to underwrite $300 million of general obligation bonds. Benchmark yields, which move inversely to prices, have risen a quarter-percentage point since mid-February to 3.52 percent on AAA general obligation bonds due in 10 years, as investors demanded higher yields on new issues. The sell-off may ease as “intermediate yields have pushed back up to levels that seem more palatable. State and local government bond prices fell last week for the third time in a row, as issuers sold $5.3 billion of fixed- rate bonds. The tax-exempt market still has positive returns this year, as buyers shun stocks in a recession and seek investments with higher yields than Treasuries. The final read on the MMD was as follows 2010-2018: yields were unchanged; 2019-2033: yields were higher by 1bp; 2034-2039: yields were higher by 2bp.

Commentary/New Issues

Corporate:
$5.0 BLN, Morgan Stanley, Aaa/AAA, 2 part $3.0 BLN, 3/12/12, +3ML+20; $2.0 BLN, 2.25%, 3/12/12, +87.4bp $2.0 BLN, Hallibuton, A2/A, 2 part $1.0 BLN, 6.15%, 9/15/19, +320bp; $1.0 BLN, 7.45%, 9/15/29, +375bp $1.0 BLN, CVS Caremark, 6.60%, 3/15/19, Baa2/BBB+, +370bp
$750 MM, US Bancorp, 2.25%, 3/13/12, Aaa/AAA, +80.75bp

ABS:
Nothing

Agency:
Nothing

New Issues larger than $250mm. The fixed income offerings mentioned above are for informational purposes only. Toussaint Capital Partners, LLC, member NASD/SIPC, and/or its affiliates may be a participant in the offering mentioned and therefore offerings will be subject to availability.
All statistical data is sourced from Bloomberg Financial Markets

CREDIT MARKETS

Treasuries:
Treasuries were little changed, following their biggest weekly gain this year, as the U.S. prepares to sell $63 billion in notes and bonds. The treasury will auction a record $34 billion of three-year notes tomorrow, $18 billion in 10 year notes the next day and $11 billion in 30 year bonds March 12. The U.S. joins others countries in selling debt to raise cash to restore growth with global spending. The World Bank said March 8th the first global economic contraction since World War II will lead to a surge of debt issuance by rich nations that risks “crowding out many developing country borrowers.” U.S. stocks opened lower but seesawed throughout the day, helped by gains in financials and pharmaceuticals. Central banks are still trying to show thaw credit markets and narrow the difference between what banks and the government pay to borrow for three months. Treasuries gained last week, a rally that pushed 10-year yields down by the most since mid-December as declining equities fueled investors’ desire for the safety of fixed-income investments. Economic news tomorrow will focus on wholesale trade inventories for January.

Municipals:
Washington, D.C., plans to sell its first bonds to receive a top credit rating beginning tomorrow, among the largest of more than $5 billion in municipal offerings planned for this week. The District of Columbia, the U.S. capital, will offer $445 million of tax-exempt bonds secured by income tax revenue, which won Standard & Poor’s AAA grade. Yields on top-rated municipal bonds due in 15 years held at 4.28 percent today. By comparison, the yield on general obligation bonds rated A+ was 4.63 percent. Washington expects to obtain lower borrowing costs that may save as much as $4 million in 2010 by dedicating personal and business income taxes to repaying the debt. The city authorized $3 billion in borrowing under the new program. DC expects using the income-tax bonds will get a more favorable rate than the general obligation bonds. The University of Pittsburgh and the New York State Environmental Facilities Corp. today took orders from individual investors for almost $700 million in offerings set to conclude tomorrow. The MMD curve was unchanged.

Commentary/New Issues

Corporate:
$8.0 BLN, GE Capital, Aaa/AAA, 4 part $4.0 BLN, 1.80%, 3/11/11, +86.7bp; $1.0 BLN, 3/11/11, +3ML+8bp; $1.5 BLN, 2.25%, 3/12/12, +91.2bp; $1.5 BLN, 3/12/12, +3ML+20bp $1.25 BLN, Medtronic A1/AA-, 3 part $550 MM, 4.50%, 3/15/14, +262bp; $400 MM, 5.60%, 3/15/19, +275bp; $300 MM, 6.50%, 3/15/39, +287.5bp $4.5 BLN, Bank of America, Aaa/AAA, 2 part $2.0 BLN, 2.375%, 6/22/12, +102.5bp; $2.5 BLN,6/22/12, +3ML+20bp $350 MM, PG&E, 5.75%, 4/1/14, Baa1/BBB, +395bp

ABS:
Nothing

Agency:
Nothing

New Issues larger than $250mm. The fixed income offerings mentioned above are for informational purposes only. Toussaint Capital Partners, LLC, member NASD/SIPC, and/or its affiliates may be a participant in the offering mentioned and therefore offerings will be subject to availability.
All statistical data is sourced from Bloomberg Financial Markets

CREDIT MARKETS

Treasuries:
Treasuries ended Friday lower, cutting into gains from the week, after the monthly jobs report wasn’t as horrific as some had expected. Prices seesawed after the U.S. employers cut 651,000 jobs in February. The market got little help as stock slumped, and players were a little surprised to see VIX volatility index measure rally after the payrolls were done. The government also revised January and December data to reflect higher job losses. The unemployment rate rose to 8.1 percent, the highest in 25 years. Many investors were positioned for a much higher number, possibly as much as 1 million jobs lost. The Treasury Department will auction $34 billion in 3-year notes on Tuesday. That will be followed the next day by $18 billion in 10-year debt and $11 billion in 30-year bonds on Thursday. President Barack Obama’s administration is seeking congressional approval for a budget of $3.55 trillion for the fiscal year beginning in October. The week ahead is fairly quiet.

Municipals:
U.S. tax-exempt bond yields reached a five-week high as states and municipalities led by Maryland sold $5.3 billion of fixed-rate bonds this week. Maryland sold $491 million of AAA general obligation debt, including $292 million in its first offering targeted at state residents and other individual investors. Utah sought retail buyers for the first time as part of a $394 million sale of its top-rated bonds. New York state and Massachusetts’s AAA-rated Water Pollution Abatement Trust also borrowed this week. Several municipal borrowers boosted yields on new issues to entice buyers, especially at maturities around 10 years. Retail demand has kind of slowed, and yields have backed up. There’ve been plenty of deals to choose from on the high-grade side. The entire yield curve held steady with a slight increase of 1 bpt in 2017-2020 and a slight decrease of 1-bpt in yields in 2037-2039. The secondary market activity was fairly active NYC BLDG 5½ 1/33 ata 5.66-5.63. tfa 5.5 33 mkt 5.67-5.65; tfa 5.50 39 mkt 5.71-5.66; nys 5 34 mkt 98-98.125.

Commentary/New Issues

Corporate:
Nothing

ABS:
Nothing

Agency:
Nothing

New Issues larger than $250mm. The fixed income offerings mentioned above are for informational purposes only. Toussaint Capital Partners, LLC, member NASD/SIPC, and/or its affiliates may be a participant in the offering mentioned and therefore offerings will be subject to availability.
All statistical data is sourced from Bloomberg Financial Markets.

Treasuries:
Treasury prices advanced Thursday, with yields moving down for the first time in three sessions, as persistently weak employment in the U.S. and disappointment over stimulus plans in China revived interest in the relative security of U.S. government debt. Renewed weakness in the stock market also made itself felt in the bond market, as investors showed growing concerns about both leading U.S. automaker General Motors Corp and Citigroup, once the largest U.S. bank. Initial claims for jobless benefits sank by 31,000 to 639,000 last week, possibly because of adjustments involving the Presidents Day holiday. Expectations that Europe’s economy will shrink and plans by the Bank of England to support its economy and financial markets sent overseas bond markets higher, also supporting U.S. debt.
The Bank of England cut its key lending rate nearly to zero and launched an unprecedented program to buy commercial paper and government bonds over the next three months. Treasury pegs $63 billion in supply next week. The nonfarm payroll report for February will show that 640,000 jobs were lost. A higher number will cause Treasuries to rally, the 30 year could test 3.25 percent.

Municipals:
California State University led U.S. tax-exempt borrowers today as the pace of debt sales in the state builds after lawmakers moved to close a record budget deficit two weeks ago. California State, the nation’s largest public university system with more than 435,000 students, sold $458 million of bonds backed by system wide revenue to fund campus projects. This was ahead of the California’s general obligation bond sale that may total as much as $5 billion and arrive in coming weeks. Top-rated tax-exempt bonds were little changed today, after more than two weeks of declines yield gauge for five-year AAA debt held at 2.37 percent, the highest in five weeks. The Yield curve held steady and was unchanged. I was in touch with PR HWY AGO 5.25 36 5.41-5.40. I was posted PR COMWLTH HWY REF-N CPN:5¼ 7/36 TRD @ 5.40, NY *NYS URBAN DEV CORP 5 3/36.

Commentary/New Issues

Corporate:
$3.25 BLN, BP Capital Markets, Aa1/AA, 3 part $1.5 BLN, 3.125%, 3/10/12, +185bp; $750 MM,3.875%, 3/10/15, +210bp; $1.0 BLN, 4.75%, 3/10/19, +200bp

ABS:
Nothing

Agency:
Nothing

New Issues larger than $250mm. The fixed income offerings mentioned above are for informational purposes only. Toussaint Capital Partners, LLC, member NASD/SIPC, and/or its affiliates may be a participant in the offering mentioned and therefore offerings will be subject to availability.
All statistical data is sourced from Bloomberg Financial Markets.

Treasuries:
Treasury prices declined Wednesday, with yields moving higher for a second straight session, as overseas and U.S. stocks rose amid hopes that stimulus measures said to be in the works in China could give rise to a global economic rebound. The government will auction $33 billion in 3-year notes on Tuesday, that will be followed the next day by $17 billion in 10-year debt and $10 billion in 30-year bonds on Thursday. Both the latter and what would be long-term debt sales will be reopenings, meaning the debt sold will carry the same coupon and mature on the same date as the most recently issued securities. For the longer-dated bonds, it will be the first reopening a month after the original issue. Bonds stayed down even after ADP Employment Services said that companies slashed 697,000 private-sector jobs in February. Yields indicate the government and central bank have yet
to restore credit markets to where they were before a rout that began in 2007 and worsened last year. The Standard & Poor’s 500 Index d rose 2.4 percent. It fell to a 12 year low yesterday. Economic news tomorrow will focus on initial jobless claims and factory orders.

Municipals:
New York state received about $500 million of orders for a bond sale concluding today, enticing individual investors with bigger payouts relative to top-rated municipal debt compared with a year ago. Ten-year state bonds were offered with a preliminary yield of 3.87 percent, or 39 basis points more than MMA AAA index. iven the level of demand,” the state decided to forgo a second day of gathering orders from retail investors. The state’s borrowing costs have risen as Governor David Paterson and lawmakers struggle to close a record $14.2 billion budget deficit for the fiscal year that begins April 1. The deficit has been exacerbated by falling tax revenue from Wall Street Tax-exempt bonds have fallen for 10 days straight, sending yields on top-rated general obligation securities due in 10 years to 3.48 percent. NYC TFA also concluded its pricing of $400M Building Aid Revenue Bonds. the final read on the MMD was a follows: 2010-2018 yields were higher by 2-10 bpts; 2019-2022 yields were higher by 4-9 bpts; 2023-2039 yields were higher by 2-3 bpts.

Commentary/New Issues

Corporate:
$600 MM, NISource Finance, 10.75%, 3/15/16, Baa3/BBB-, +832bp
$350 MM, Appalachian, 7.95%, 1/15/20, Baa2/BBB, +500bp

ABS:
Nothing

Agency:
$3.0 BLN,FHLB, 2.25%, 4/13/12, +89bp
$400 MM, FHLMC, 3.80%, 3/9/16

New Issues larger than $250mm. The fixed income offerings mentioned above are for informational purposes only. Toussaint Capital Partners, LLC, member NASD/SIPC, and/or its affiliates may be a participant in the offering mentioned and therefore offerings will be subject to availability.
All statistical data is sourced from Bloomberg Financial Markets

CREDIT MARKETS

Treasuries:
Treasuries were off earlier lows Tuesday, and yields fell from highs, after stocks lost ground as investors digested housing data and a bleak assessment of the economy from Federal Reserve Chairman Ben Bernanke. Speaking on Capitol Hill, Bernanke said that most recent economic data, including on the labor market, showed little sign of improvement in recent weeks. After rising firmly in morning trade Tuesday, stocks turned negative before moving back slightly into positive ground. Also on Tuesday, the Federal Reserve and Treasury launched their $200 billion Term Asset-Backed Securities Loan Facility, a lending program that could generate up to $1 trillion in loans to small businesses and consumers. The New York Fed will lend up to $200 billion to owners of high-rated asset-backed securities, such as consumer loans, auto loans, student loans, credit cards, or small-business loans. The program is designed to circumvent credit channels that are now blocked up to stimulate the economy. The index of pending home resales fell 7.7 percent after a 4.8 percent gain in December, signaling the house slump will extend well into a fourth year. Economic news tomorrow will focus on the ADP employment change.

Municipals:
Utah and Maryland led municipal borrowers today with general obligation bond sales that included each state’s first major effort to target individual investors, as benchmark tax-exempt yields rose for a 10th day. Utah, the fastest growing U.S. state by population, sold $394 million of top-rated bonds to fund highway work. About $197 million went to retail buyers. Maryland, the wealthiest state by median household income, sold about $292 million of AAA bonds in its retail order period. Yields on the highest rated tax-exempt bonds rose one to three basis points today. The 30-year yield reached 5.29 percent, the highest since Jan. 26. More than 85 percent of bonds issued in the municipal market this year came from negotiated offerings, up from 75 percent during the comparable period in 2008. Many more issuers are moving to the negotiated segment, in order to attain stronger access” to individual investors. This move may actually help smooth out volatility by putting a larger proportion of new issues into the hands of final investors. The final read on the MMD was as follows:
2010-2015 yields were higher by 3-4 bpts; 2016-2020 yields were higher by 8-btps; 2021-2032- 3-6 bpts; 2032-2039 yields were lower by 1-2 bpts.

Commentary/New Issues
Corporate:
$2.5 BLN, Coca Cola, Aa3/A+, 2 part $900 MM, 3.625%, 3/15/14, +185bp; $1.35 BLN, 4.875%, 3/15/19, +205bp
$2.4 BLN, Eli Lilly, 3 part $1.0 BLN, 3.55%, 3/6/12, +230bp; $1.0 BLN, 4.20%, 3/6/14, +237.5bp; $400 MM, 5.96%, 11/15/37, +240bp
$1.5 BLN, State Street Corp., 2.15%, 4/30/12, Aaa/AAA, +88bp
$550 MM, Pacific G&E, 6.25%, 3/1/19, A3/BBB+, +270bp

ABS:
Nothing

Agency:
Nothing

New Issues larger than $250mm. The fixed income offerings mentioned above are for informational purposes only. Toussaint Capital Partners, LLC, member NASD/SIPC, and/or its affiliates may be a participant in the offering mentioned and therefore offerings will be subject to availability.
All statistical data is sourced from Bloomberg Financial Markets