MNI: PBOC Conducts Net CNY2 Bln Via OMO Mon; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.0947 Mon; -4.91% Y/Y

MNI: China CFETS Yuan Index Up 0.05% In Week of Apr 3

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.0947 MON VS 7.0949

MNI BRIEF: Monetary, Fiscal Policy Need Harmony - Campos Neto

Industrial Production Ticking Higher, But Outlook Remains Clouded

MNI: SWISS MAR UNEMPLOYMENT -2.9% M/M, +17.1% Y/Y

Australia Feb Housing New Loan Commitments +1.5%

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EGB/Gilt: Inching Lower

BOND SUMMARY

European sovereign bonds have broadly traded lower this morning with stocks similarly posting losses.

  • Gilts have weakened with yields pushing up 1-2bp and the curve trading close to flat overall.
  • UK public sector net borrowing came in lower than expected for September (GBP21.0bn vs GBP23.2bn survey).
  • Bunds trading marginally lower on the day, while the curve is 1bp flatter.
  • The OAT curve is similarly slightly flatter with the 2s30s spread 1bp narrower.
  • The BTP curve has steepened a touch on the back of the short end inching above yesterday's close and the longer end trading weaker.
  • Supply this morning came from France (OATs, EUR7.492bn & OATi/OATei, EUR1.748bn), Spain (Bono/Obli, EUR5.053bn), Ireland (IRTB, EUR750mn). The UK also sold GBP6bn of the 1.50% Jul-56 Green gilt via syndication with books north of GBP74bn.
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.