MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

5/14/18-Year Linkers

FRANCE AUCTION PREVIEW
MNI (London)
  • On offer today: A total E1.0-1.5bln of linkers
    • 1.85% Jul-27 OATei (ISIN: FR0011008705) FR0013250560
    • 0.10% Mar-36 OATi (ISIN: FR0013524014) FR0013154044
    • 1.80% Jul-40 OATei (ISIN: FR0010447367)
  • Market colour: 5-year French linker yields rose close to 80bp from June 9 to the June 14 high of -0.910% and were back around -0.933% at the time of writing. 14-year linkers saw a slightly softer 69bp increase, whilst the 18-year linker yields increased around 57bp in the June 9 to the June 14 period. Yields were down a modest 5bp and 1bp at 0.0710% (14y) and 0.298% (18y) at the time of writing.
  • 5-year breakevens to the May-27 OAT rose around 155bp from late Jan to the May 2 high of approx. 340bp, whilst breakevens to the May-36 OAT began to rise mid-Feb, increasing about 100bp to a May 5 high of approx. 278bp. 18-year OATei breakevens to the May-40 OAT were up around 85bp to the April 29 high. 5/14/18-year breakevens have since fallen 65bp, 37bp 49bp, to around 275bp, 242bp and 230bp at the time of writing.
  • Timing: Results will be available shortly after the auction closes at 1050 BST / 1150 CEST.
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets

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.