Oil prices fell as hope grew that the Strait of Hormuz would reopen soon. The first tranche, $184.16 million of Series 2026A, saw 5s of 11/2029 priced at 3.10%, callable 8/2029. The second tranche, $245.47 million of Series 2026B, saw 5s of 11/2031 priced at 3.36%, callable 8/2031. The third tranche, $304.68 million of Series 2026C, saw 5s of 11/2033 priced at 3.53%, callable 8/2033. The fourth tranche, $245.47 million of Series 2026D, saw 5s of 11/2036 priced at 3.75%, callable 8/2036.