US President Trump said he expects the United States to do very well over the next two years and that he intends to use the veto power frequently.

Berkshire Hathaway priced a ¥182.3 bln (about $1.1 bln) yen bond offering in Japan on Friday, split into five tranches with maturities from 3 to 30 years and wider spreads versus an April issue. The 5‑year priced at TONA mid‑swap +75bps (coupon 3.007%), the 10‑year at +90bps (coupon 3.661%) and the 30‑year at +105bps (coupon 4.571%). In April, comparable 5‑, 10‑ and 30‑year spreads were +70bps, +90bps and +100bps respectively.

Pakistan auto sales rose to 21,635 units in October.