May 18, 2022 06:53 GMT
GERMAN AUCTION PREVIEW
- On offer today: E1.5bln of the 0% Aug-52 Bund (ISIN: DE0001102572)
- Market colour: 30-year Bund yields have followed a general upwards trajectory since the beginning of the year. Yields fell approx. 35bps to -0.052% at the end of February onset of the Ukraine war, recovering momentum in mid-March to reach a high of 1.256% on May 9. Yields had since softened to 1.182% at time of writing.
- Timing: Results will be available shortly after the auction closes at 1030 BST / 1130 CEST.
|Last 3 ave||E1.167bln||E922mln||0.237%||1.13x||1.43x|