/EGBs-GILTS CASH CLOSE: A strong end-of-day...>

BONDS: /EGBs-GILTS CASH CLOSE: A strong end-of-day for most core instruments as

global equities headed sharply lower going into 1700BST, with Bund and Gilt

curves extending flattening.

- Periphery spreads not really reacting though, maintaining earlier tightening.

** Closing levels:

* Germany: The 2-Yr yield is down 2.5bps at -0.746%, 5-Yr is down 2.3bps at

-0.74%, 10-Yr is down 3.2bps at -0.537%, and 30-Yr is down 4.2bps at -0.105%.

* UK: The 2-Yr yield is down 1.8bps at -0.032%, 5-Yr is down 2.2bps at 0.053%,

10-Yr is down 3bps at 0.219%, and 30-Yr is down 2.3bps at 0.569%.

** 10-Yr EGB Periphery Spreads to Bunds:

* Italy / German 10-Yr spread 6.3bps tighter at 233.2bps

* Spain / German 10-Yr spread 2.8bps tighter at 126.5bps

* Portugal / German 10-Yr spread 5.4bps tighter at 136.9bps

* Greece / German 10-Yr spread 3.7bps tighter at 263.2bps