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More interest in Sep/Dec spread

EURIBOR
  • Once again the notable flow in Euribor, is the front months, and especially the Sep and Dec.
  • As in yesterday, there's more interest in the ERU2/ERZ2 spread, trading 24.6k outright so far, not counting the ones that have potentially traded on legs.
  • The spread traded for decent size yesterday, and is seeing buying so far today, following a lower open.

Chart source: MNI/Bloomberg

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