Free Trial

0% Oct-25 Green Bobl

GERMAN AUCTION RESULTS
  • The Green Bobl looks to be a relatively strong auction, with a good bid-to-cover, the LAP being comfortably above the mid-market price (and indeed at a price last seen around 20 minutes before the price softened into the bidding deadline).
  • There is not really a comparable auction to compare this to as this is the first time a Green Bobl has been reopened when it wasn't paired with the current (or previous) on-the-run Bobl. So this is the shortest green issue from Germany.
  • The price of the 0% Oct-25 Green Bobl moved from around 94.00 to 94.02 on the bidding deadline and has stayed around the latter rate as the results have been released.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.