June 22, 2022 06:52 GMT
GERMAN AUCTION PREVIEW
- On offer today: E1.5bln of the 1.00% May-38 Bund (ISIN: DE0001102598)
- Market colour: The 15-year Bund has seen yields rise just shy of 110bp since the late April launch to the June 16 high, of which around 70bp of these gains were in June alone. Yields have since fallen back around 12bp to stand at 1.930% at the time of writing.
- Timing: Results will be available shortly after the auction closes at 1030 BST / 1130 CEST.
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