Free Trial

10/30-year RAGBs

AUSTRIA AUCTION PREVIEW
MNI (London)
  • On offer today: E1.725bln of RAGBs:
    • 0.90% Feb-32 RAGB (ISIN: AT0000A2WSC8)
    • 0.75% Mar-51 RAGB (ISIN: AT0000A2EJ08)
  • Market colour: 10-year RAGB yields increased around 172bp from Aug 1 to the Sep 28 high of 3.002%, and are now standing round 2.531%.
  • 30-year RAGB yields rose around 139bp from the Aug 1 dip to the Sep 30 high of 2.998% and were back around 2.643% at the time of writing.
  • 10-year RAGB spreads to the 0% Feb-32 Bund are currently just 0.3bp narrower than the high of 74.1bp reached yesterday.
  • 0.75% Mar-51 RAGB spreads to the 0% Aug-50 Bund widened to a fresh high of 78.7bp on Sep 30, and are currently near this high at 76.1bp.
  • Timing: Results will be available shortly after the auction closes at 1000 BST / 1100 CEST.

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.