SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (30292)10/21/2000 8:32:40 PM
From: GuitarMan  Respond to of 436258
 
Credit Crunch!

This week's forward calendar includes, among others: Agrium Inc. (Toronto:AGU.TO - news) $200 million; Korea Development Bank $250 million, and Nordstrom Inc. (NYSE:JWN - news) $250 million to $350 million.

The A2/A rated five-year notes of Nordstrom, the Seattle-based retailer, were at first expected to yield 250 to 262.5 basis points over Treasuries, sources said. Then the spread widened to 275 to 287.5 basis points over Treasuries and now it's 337.5 to 350 basis points over Treasuries.