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***Below outlines some of the more.........>

US SWAPS
US SWAPS: ***Below outlines some of the more notable $ denominated swap flow
from the early part of the Asia-Pacific session. Larger flows were concentrated
on the 5-Year space, with receivers driving the bulk of business. However, the
stand out trade came in the shorter end, where a large 2-Year receiver stepped
in.
- At 00:19GMT there appeared to be a USD240mln+ payer of USD 5Y at 2.77%
- At 00:25GMT there appeared to be a USD100mln receiver of USD 5Y at 2.76063%
- At 00:29GMT there appeared to be a USD100mln receiver of USD 5Y at 2.76313%
- At 00:37GMT there appeared to be a USD100mln receiver of USD 5Y at 2.76233%
- At 01:11GMT there appeared to be a USD460mln+ receiver of USD 2Y at 2.5818%
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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