MNI BRIEF:BOJ Q1 Output Gap Hits 16th Negative Reading In Row

MNI: PBOC Sets Yuan Parity Higher At 7.1312 Weds; -0.34% Y/Y

MNI: PBOC Net Drains CNY248 Bln Via OMO Weds; Rates Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1312 WEDS VS 7.1291

MNI BRIEF: 'Noise' Driving Economic Deterioration- Campos Neto

Australia May Total Dwelling Approved +5.5%

Australia May Retail Trade +0.6%

MNI: AUSTRALIA MAY RETAIL SALES +0.6% M/M

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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

A fairly busy session for EGBs, with....>

EGB SUMMARY
EGB SUMMARY: A fairly busy session for EGBs, with most Bond better bid across
the board, besides the BTP. 
-All eyes were on the ECB with the CB affirming the size of the PEPP at EU750bn,
but also announcing a new refinancing operation. a new 
-PELTROs consist of seven additional refinancing operations commencing in May
2020 and maturing in a staggered sequence between July and September 2021 in
line with the duration of the collateral easing measures. They will be carried
out as fixed rate tender procedures with full allotment, with an interest rate
that is 25 basis points below the average rate on the main refinancing
operations prevailing over the life of each PELTRO. 
-Bunds are over 100 ticks higher, mainly driven throughout the session by the
Large EU Govie Month End.
-Peripheral are a few basis point wider against the German 10, but BTP are once
again under performing the Bund with the spread sitting 11.3bps wider at 235.9. 
-The unchanged PEPP has been suggested as a possible cause for the Italian bond
weakness.
MarketsFixed Income Bullets
MarketsFixed 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.