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ACGB Apr-27 Supply Goes Well

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BUNDS: Another uneventful Asia-Pacific open for German fixed income futures.
- Bunds trade 15 ticks lower at 163.25, Bobls trade 3 ticks lower at 132.23 and
Schatz trade 0.5 tick lower at 11.845.
- Focus continues to fall on familiar matters, with Bunds turning bid Monday on
confirmation that the UK parliament's vote: re: Brexit, scheduled for Tuesday,
was delayed, before the bid faded as U.S. stocks erased their losses heading
into the close.
- Also worth noting that France rolled out tax breaks & wage increases in
response to the recent social unrest, while the EU pointed to a winding down
clock re: Italian budget matters.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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