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Numerous corporate notes were newly issued over the past couple weeks, many of which are now trading in the secondary market. In this article I provide a sample of these notes, with maturities ranging from five to thirty years, yields ranging from 2.85% to 5.62%, and the spread to Treasuries ranging from 96.5 to 319.6 basis points. Each of the following seven corporate notes has investment grade ratings from Moody's and S&P.

JPMorgan Chase's (NYSE:JPM) senior unsecured note (CUSIP: 46625HJD3) maturing 1/24/2022 has a coupon of 4.50% and is asking 103.155 cents on the dollar (4.111% yield-to-maturity before commissions). It is non-callable and pays interest semi-annually. Moody's currently rates the note Aa3; S&P rates it A. It was originally offered at a price of 99.467, and the offer size was $3 billion. The offer date was January 13, 2012. Currently, the 11/15/2021 U.S. Treasury note (CUSIP: 912828RR3) is yielding 1.892%, which means JPMorgan Chase's note is asking 221.9 basis points more than a corresponding Treasury note.

Entergy's (NYSE:ETR) senior unsecured note (CUSIP: 29364GAG8) maturing 1/15/2017 has a coupon of 4.70% and is asking 103.304 cents on the dollar (3.948% yield-to-call before commissions). It pays interest semi-annually, has a make whole call until 12/15/2016, and is thereafter continuously callable at par. Moody's currently rates the note Baa3; S&P rates it BBB-. It was originally offered at a price of 99.885, and the offer size was $500 million. The offer date was January 10, 2012. Currently, the 1/31/2017 U.S. Treasury note (CUSIP: 912828SC5) is yielding 0.752%, which means Entergy's note is asking 319.6 basis points more than a corresponding Treasury note.

Citigroup's (NYSE:C) senior unsecured note (CUSIP: 172967FX4) maturing 1/30/2042 has a coupon of 5.875% and is asking 103.672 cents on the dollar (5.62% yield-to-maturity before commissions). It has conditional calls for tax law changes (see indenture) and pays interest semi-annually. Moody's currently rates the note A3; S&P rates it A-. It was originally offered at a price of 98.543, and the offer size was $1.0 billion. The offer date was January 19, 2012. Currently, the 11/15/2041 U.S. Treasury bond (CUSIP: 912810QT8) is yielding 3.061%, which means Citigroup's note is asking 255.9 basis points more than a corresponding Treasury bond.

SCANA Corp.'s (NYSE:SCG) senior unsecured note (CUSIP: 80589MAE2) maturing 2/1/2022 has a coupon of 4.125% and is asking 101.401 cents on the dollar (3.954% yield-to-maturity before commissions). It has a make whole call and pays interest semi-annually. Moody's currently rates the note Baa3; S&P rates it BBB. It was originally offered at a price of 99.238, and the offer size was $250 million. The offer date was January 18, 2012. Currently, the 11/15/2021 U.S. Treasury note (CUSIP: 912828RR3) is yielding 1.892%, which means SCANA's note is asking 206.2 basis points more than a corresponding Treasury note.

Target Corp.'s (NYSE:TGT) senior unsecured note (CUSIP: 87612EAZ9) maturing 1/15/2022 has a coupon of 2.90% and is asking 100.372 cents on the dollar (2.857% yield-to-maturity before commissions). It has a make whole call, conditional puts for a change of control, and pays interest semi-annually. Moody's currently rates the note A2; S&P rates it A+. It was originally offered at a price of 99.363, and the offer size was $1 billion. The offer date was January 9, 2012. Currently, the 11/15/2021 U.S. Treasury note (CUSIP: 912828RR3) is yielding 1.892%, which means Target's note is asking 96.5 basis points more than a corresponding Treasury note.

Allstate's (NYSE:ALL) senior unsecured note (CUSIP: 020002AY7) maturing 1/15/2042 has a coupon of 5.20% and is asking 105.13 cents on the dollar (4.872% yield-to-maturity before commissions). It has a make whole call and pays interest semi-annually. Moody's currently rates the note A3; S&P rates it A-. It was originally offered at a price of 99.608, and the offer size was $500 million. The offer date was January 9, 2012. Currently, the 11/15/2041 U.S. Treasury bond (CUSIP: 912810QT8) is yielding 3.061%, which means Allstate's note is asking 181.1 basis points more than a corresponding Treasury bond.

Toyota Motor Credit Corp.'s (NYSE:TM) senior unsecured note (CUSIP: 89233P5T9) maturing 1/12/2022 has a coupon of 3.30% and is asking 101.326 cents on the dollar (3.144% yield-to-maturity before commissions). It has a make whole call and pays interest semi-annually. Moody's currently rates the note Aa3; S&P rates it AA-. It was originally offered at a price of 100, and the offer size was $1 billion. The offer date was January 9, 2012. Currently, the 11/15/2021 U.S. Treasury note (CUSIP: 912828RR3) is yielding 1.892%, which means Toyota Motor Credit's note is asking 125.2 basis points more than a corresponding Treasury note.

If you are interested in purchasing any of these securities but are nervous about counterparty risk wreaking havoc on your portfolio, learn how to hedge individual bonds in, "Protect Your Income Portfolio With Cross-Asset Hedging."

Please be aware that prices in the over-the-counter U.S. bond market may vary depending on the broker you use. The current prices may also differ greatly from those listed at the time this article was written. For additional information on any of these notes, please contact your broker or read the indenture.

Also, please do your own due diligence on the financial profiles of the companies mentioned in this article. Only you can determine if taking the counterparty risk of purchasing individual bonds is suitable for you.

Source: 7 Newly Issued Bonds You Might Have Missed

Additional disclosure: I am long JPM and C notes, although not the CUSIPs mentioned in this article.