It has been a quiet afternoon news......>

EGB SUMMARY: It has been a quiet afternoon news wise with EGBs gaining ground

throughout. 

- The Mar 19 Bund future is up 35 ticks at 163.71, having traded in a range of

163.15-163.77 today. 

- The belly off the Bund curve has outperformed with a a slight bull flattening

in the 2s10s. 

- The 2-Yr Bund yield is down 2bps at -0.623%, 5-Yr down 2.7bps at -0.325%,

10-Yr down 2.3bps at 0.227%, and 30-Yr down 1.8bps at 0.856%.

- The Mar 19 BTP future is up 56 ticks at 127.54, having traded in a range of

126.2-127.61 today. 

- 10-yr BTPs were the days outperformer with yield down 7bps at 2.761%.

- Elsewhere across the BTP curve the 2-Yr yield is down 4.3bps at 0.51%, 5-Yr is

down 3bps at 1.823%, and 30-Yr is down 3.4bps at 3.532%.

- The gains made by Bund caused widening spreads Vs peripheries with the 10-Yr

Spanish bonds vs Bunds spread up 1.1835bps at 116.2bps and spread of 10-Yr

Portuguese PGBs vs Bunds up 1.761bps at 145.5bps.