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/EGBs-GILTS: A very busy Thursday is...>

BOND SUMMARY
BOND SUMMARY: /EGBs-GILTS: A very busy Thursday is underway, with the SNB
already having announced its (unch) monetary policy decision. BOE and Norges
Bank later, with the ECB's TLTRO operation looming large too.
- Not to mention the heaviest supply day of the week, with Spain and France
going to market selling nearly EUR20bln (incl linkers). 
- Against this backdrop, Bunds and Gilts are flat/weaker, with equities coming
off the lows.  Periphery spreads off wides.
- Apart from Cenbank meets, this afternoon we get BOE Broadbent/Tenreyro on a
panel and ECB's Holzmann (and ECB bulletin to boot).  ** Latest levels:
* Sep Bund futures (RX) down 2 ticks at 175.38 (L: 175.23 / H: 175.57)
* Sep Gilt futures (G) up 11 ticks at 137.52 (L: 137.32 / H: 137.54)
* Sep BTP futures (IK) up 6 ticks at 142.16 (L: 141.8 / H: 142.19)
* Italy / German 10-Yr spread 1.6bps tighter at 179.2bps
* Sep OAT futures (OA) down 7 ticks at 166.58 (L: 166.41 / H: 166.65)

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