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/EUR Swap flow summary: - Firstly, a......>

EGB FLOWS
EGB FLOWS: /EUR Swap flow summary:
- Firstly, a lot of micro flys have been done, perhaps someone has detected a
difference in traders' curve models. For example: At 11:55GMT there appeared to
be a EUR121.6k 8Y-9Y-10Y Fly, paying the belly and at 10:08GMT there appeared to
be a EUR106.9k 10Y-11Y-12Y Fly, receiving the belly and at 09:34GMT there
appeared to be a EUR88.1k 8Y-9Y-10Y Fly, paying the belly
- Also...
- At 10:14GMT there appeared to be a EUR48.6k DV01 5Y-10Y FLATTENER at 59.98bp.
- There is not much big in outright trading. At 11:54GMT there appeared to be a
EUR75mln receiver of EUR 10Y at 0.966% and at 12:12GMT there appeared to be a
EUR50mln payer of EUR 20Y at 1.383% (off-mkt rate)

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