MNI: PBOC Conducts CNY2 Bln Via OMO Thurs; Liquidity Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS THURS

MNI: PBOC Sets Yuan Parity Lower At 7.1339 Thurs; -1.06% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1339 THURS VS 7.1342

MNI BRIEF: Bank of Korea Keeps Policy Rate At 3.50%

MNI: BANK OF KOREA KEEPS POLICY RATE AT 3.50%: PRESS

Activity data stronger-than-expected; little impact on near-term monpol

MNI: GERMANY JUNE FINAL HICP +2.5 % M/M, +0.2% Y/Y

MNI: GERMAN JUN CPI +2.2 % Y/Y

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EGBs-GILTS: On The Back Foot

BOND SUMMARY

Bunds and Gilts are lower in early Thursday trade, but well within Wednesday's trading range, with periphery spreads mixed. Equities have continued to grind higher after the immediate rebound from Wednesday's low.

  • This morning sees Spain sell up to E6bln nominal and France up to E13.5bln of nominal and linkers.
  • Apart from supply, main items on the calendar are ECB speakers (incl Lane alongside Eurogroup's Donohoe at 1000BST, Lagarde / Holzmann at 1250BST, and Villeroy at 1545BST). BOE's Cunliffe speaks at 1005BST.
  • Data out earlier showed German PPI hitting a 10-Yr high in April (in line w expectations).

Latest levels:

  • Jun Bund futures (RX) down 19 ticks at 168.71 (L: 168.55 / H: 168.82)
  • Jun Gilt futures (G) down 19 ticks at 127.55 (L: 127.38 / H: 127.55)
  • Jun BTP futures (IK) down 7 ticks at 144.92 (L: 144.77 / H: 144.94)
  • Italy / German 10-Yr spread 0.2bps tighter at 122.6bps
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.