/EGBs-GILTS CASH CLOSE: A fairly..............>

BONDS: /EGBs-GILTS CASH CLOSE: A fairly directionless day for core FI, with

periphery EGBs ultimately outperforming strongly as risk appetite emerged in the

afternoon. Among peripheries, Greece was the standout.

** Closing levels:

* Germany: The 2-Yr yield is up 1.3bps at -0.659%, 5-Yr is up 0.5bps at -0.651%,

10-Yr is down 0.7bps at -0.446%, and 30-Yr is down 0.6bps at 0.038%.

* UK: The 2-Yr yield is down 0.2bps at -0.037%, 5-Yr is down 0.1bps at 0.004%,

10-Yr is down 0.3bps at 0.205%, and 30-Yr is down 0.8bps at 0.602%.

** 10-Yr Periphery EGB Spreads:

* Italian BTPs vs Bunds is up 1.8bps at 190.4bps

* Spanish bonds vs Bunds is is down 2.6bps at 100.7bps

* Portuguese PGBs vs Bunds is is down 1.8bps at 99.1bps

* Greek bonds vs Bunds is is down 5.7bps at 166.5bps