FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

AUSTRIA WILL COME TO MARKET ON TUESDAY FOR A TAP OF E1.15bn.

AUSTRIA AUCTION PREVIEW

Austria will re-open the 0% Feb-30 RAGB and 2.40% May-34 RAGB on Tuesday for a combined E1.15bn

  • BACKGROUND: Previous auction results (date, volume, average yield, bid-to-cover): 0% Feb-30 RAGB (4 August 2020, E0.46bn, -0.35%, 3.0x), 2.40% May-34 RAGB (4 Jun 2019, E0.63bn, 0.44%, 2.11x).
  • RV/HISTORY: RAGBs have sold off since the beginning of August and the curve has bear steepened with the 2s30s spread widening to 91bp from a low of 71bp on 4 August. Spreads over bunds have continued to narrowed with the 10-year difference now standing at 17bp from a YTD peak of 60bp on March 17. The ECB is not expected to deliver fresh policy innovations at this week's meeting, limiting the support for RAGBs heading into Tuesday's auction.
  • TIMING: Results are due out soon after the auction closes at 1000BST.
Homepagemarkets-real-timeBulletMarketsFixed 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.