News Headline Summary

US 10yr trades heavy as markets await the Apple multi-deal pricing, looking to price a 3, 5, 10 & 30yr fixed and 3 & 5yr FRN later today; sources have implied the order book is over twice subscribed at USD 50bln vs. launch of USD 17bln

Update details:

According to IFR Guidance is:
-USD1bn 3yr FRN at L+5bp
-USD1.5bn 3yr FXD at T+20bp
-USD2bn 5yr FRN at L+25bp
-USD4bn 5yr FXD at T+40bp
-USD5.5bn 10yr FXD at T+75bp
-USD3bn 30yr FXD at T+100bp

Print 17:42, 30 Apr 2013 - Fixed Income - Source: RANsquawk/IFR