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AUSSIE 10-YEAR TECHS

(Z1) Off Lows, But Remains Weak

USDCAD TECHS

Still Vulnerable

AUDUSD TECHS

Bullish Price Sequence

Auction Details

KOREA RATES

The South Korean MOF will today auction KRW 1.2tn of 2-year bonds, issue KTB 00875-2306. Results due after 0330BST/1030HKT.

  • The MOF last sold 2-year debt on May 11, the sale was split into a pre-issue (KRW 500bn) and fungible sale (KRW 700bn), the sale was KRW 33bn larger than announced. The auction drew an average yield of 0.925% and was covered 3.55x.