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Policy
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
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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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessNew 10-year OAT, 20-year Green & 26/30-year OATs
- On offer today: E11.0-12.0bln of OATs
- New 2.00% Nov-32 OAT (ISIN: TBA)
- 0.50% Jun-44 Green OAT (ISIN: FR0014002JM6)
- 2.00% May-48 OAT (ISIN: FR0013257524)
- 0.75% May-53 OAT (ISIN: FR0014004J31)
- Market colour: the 20-year Green OAT and 26-year OAT yields rose around 75bp and 66bp respectively from the beginning of June to the June 16/17 highs of approx. 2.76% and have since decreased around 39 and 33bp.
- 30-year OAT yields increased around 67bp from the beginning of June to the June 14 3.646% high, and are currently back around
- The 20-year Green OAT "greenium" to the 3.25% May-45 OAT stood around 0.28bp at the time of writing, coming off the 1.95bp high seen on June 24. 26-year OAT spreads to the 1.25% Aug-48 Bund are currently at a high of around 87.6bp, having traded in the 74bp to 87bp range over the last three months. 30-year OAT spreads to the 0% Aug-52 Bund are also trading at a high, just below the high of approx. 95.9bp on Tuesday after spreads bounced around the 82-92bp range over the past three months.
- Timing: Results will be available shortly after the auction closes at 950 BST / 1050 CEST.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.