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***Notable USD swap flow in the early......>

US SWAPS
US SWAPS: ***Notable USD swap flow in the early part of the Asia-Pacific session
- At 00:09GMT there appeared to be a USD51.2k DV01 3Y-5Y STEEPENER at 10.78bp
- At 00:18GMT there appeared to be a USD100mln receiver of USD 5Y at 2.77945%
- At 00:20GMT there appeared to be a USD50mln payer of USD 5Y at 2.77945%
- At 00:37GMT there appeared to be a USD56.8k 3Y-4Y-5Y Fly, paying the belly
- At 00:39GMT there appeared to be a USD37.7k DV01 3Y-4Y FLATTENER at
6.87499999999996bp
- At 00:43GMT there appeared to be a USD100mln receiver of USD 5Y at 2.77695%
- At 00:49GMT there appeared to be a USD43.7k DV01 5Y-10Y FLATTENER at 13.149bp
- At 01:15GMT there appeared to be a USD100mln receiver of USD 3Y at 2.66875%
- At 01:58GMT there appeared to be a USD100mln receiver of USD 5Y at 2.78536%
- Larger outright flows appeared to be driven by receivers, while curve flow was
a little more mixed
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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