Free Trial

A Touch Richer, Philippines Issuance Pushes Space Off Best Levels

US TSYS

Tsys continue to coil in relatively narrow ranges, with the major benchmarks running 0.5-1.5bp richer across the curve at typing. News of the Philippines starting the marketing a 3-part USD bond (5-, 10- & 25-Year paper) is applying some light pressure, with the space back from best levels in recent trade. Some spill over from the eventual richening in NZGBs & ACGBs post-RBNZ likely provided support before that. TYZ2 operates in the middle of its 0-07+ range, last -0-03 at 113-13.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.