/EGBs-GILTS CASH CLOSE: Bunds are weaker......>

BONDS: /EGBs-GILTS CASH CLOSE: Bunds are weaker though off worst levels, with

Gilts faring marginally better  - and periphery EGBs doing best of all.

- German curve bull flattened over the course of the day, with bull steepening

seen in the UK curve. Closing levels:

* Germany: The 2-Yr yield is down 1bps at -0.699%, 5-Yr is down 1.5bps at

-0.687%, 10-Yr is down 1.8bps at -0.485%, and 30-Yr is down 2.3bps at -0.041%.

* UK: The 2-Yr yield is down 2.8bps at -0.024%, 5-Yr is down 2.2bps at 0.062%,

10-Yr is down 1.2bps at 0.245%, and 30-Yr is down 1.2bps at 0.64%.

-- 10-Yr EGB Periphery Spreads to Bunds:

* Italy / German 10-Yr spread 4.1bps tighter at 209.9bps

* Spain / German 10-Yr spread 9.4bps tighter at 110.6bps

* Portugal / German 10-Yr spread 9.2bps tighter at 122.7bps

* Greece / German 10-Yr spread 13.3bps tighter at 232.7bps