EGB/Gilt: It has been a very quiet.....>

BOND SUMMARY: EGB/Gilt: It has been a very quiet morning for EGBs and gilts with

gilt and Bund yields falling a little, although with little in the way of

notable drivers.

- Peripheral spreads are a little mixed in the low liquidity environment with

Spanish and Portuguese spreads a little tighter but most other spreads little

changed.

- Gilt futures are up 0.08 today at 132.07 with 10y yields down -0.9bp at 0.756%

and 2y yields down -0.7bp at 0.538%.

- Bund futures are up 0.16 today at 171.59 with 10y Bund yields down -0.8bp at

-0.253% and Schatz yields up 0.2bp at -0.641%.

- BTP futures are up 0.11 today at 142.37 with 10y yields down -0.7bp at 1.418%

and 2y yields up 2.2bp at -0.4%.

- OAT futures are up 0.16 today at 163.81 with 10y yields down -1.1bp at 0.046%

and 2y yields up 0.5bp at -0.623%.