The Republic of Panama has set price guidance of 160bp area over US Treasuries on a benchmark-sized US dollar bond, according to market sources. The guidance range, defined as 160bp plus or minus 10bp over US Treasuries, came tight to initial price thoughts of 175bp area released earlier on Monday.
Opinion polls showing that may happen have prompted investors to sell off the British pound. If a knockout blow is dealt to Scotland's 307-year union with England, that selling could accelerate as the U.K. plunges into a constitutional crisis.
Several Niagara University students volunteered their time at Carolyn's House, a housing program for homeless women and children in Niagara Falls. Not in freezing water, as was the case when more than 300 new NU students completed the "ALS Ice Bucket Challenge" last weekend, but rather in the service-based mission that defines the Catholic and Vincentian institution.