Another fairly range bound day with.....>

EGB SUMMARY: Another fairly range bound day with Bunds finishing the day pretty

much where we started and peripheral spreads marginally tighter on the day. The

exception to this is Cyprus which sold E1bln of debt via syndication in a dual

tranche deal involving 5-year and 20-year bonds.

- Supply has been the main talking point in markets today with France announcing

a mandate for a 15-year OATi, German linkers and Austrian bonds being auctioned

while Cyprus and the EFSF held syndications.

- ** Latest levels:

* Sep Bund futures (RX) down 3 ticks at 175.93 (L: 175.72 / H: 176.3)

* Germany: The 2-Yr yield is up 1.2bps at -0.672%, 5-Yr is up 1.4bps at -0.662%,

10-Yr is up 0.1bps at -0.43%, and 30-Yr is down 1.4bps at 0.016%.

* Sep BTP futures (IK) up 19 ticks at 144.22 (L: 143.76 / H: 144.35)

* Italy / German 10-Yr spread 2.6bps tighter at 164.5bps

* Sep OAT futures (OA) up 3 ticks at 167.54 (L: 167.17 / H: 167.8)