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0.50% Apr-43 RFGB

FINLAND AUCTION PREVIEW
MNI (London)
  • On offer today: E1.0bln of the 0.50% Apr-43 RFGB (ISIN: FI4000517677)
  • Market colour: Following an approx. 20bp fall at the onset of the Ukraine war at the beginning of March, yields rose around 115bp to a high of 1.810% last Monday. Markets have since repriced growth outlooks, and yields stood at 1.722% at the time of writing.
  • Spreads to the 3.25% Jul-42 Bund widened to a high of approx. 69.6bp on March 7, and have since traded within the 52.7-63.4bp range, widening to the upper end of this range at the time of writing.
  • Timing: Results will be available shortly after the auction closes at 1100 BST / 1200 CEST.

Auction history:

DateIssuedAvg yieldBid/coverPricePre-auctOperation
Current1.722%
26-Jan-22E3bln0.528%99.44NewSynd

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