CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS TUES

CHINA SETS YUAN CENTRAL PARITY AT 7.1059 TUES VS 7.1043

MNI China Daily Summary: Thursday, April 22

MNI BRIEF: Brazil CenBank Faces Greater Uncertainty - Campos

MNI BRIEF: China To Quicken Resolving Local Debt Risks

MNI: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

EZ/UK T-Bill Calendar: 3/6-Month ATB Auction on Tuesday

EZ/UK Bond Supply Calendar: EU, FI Synds; IT, DE Auctions Tues

MNI: CANADA MAR INDUSTRIAL PRICES +0.8% MOM; EX-ENERGY +0.8%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

NZGB Yields Higher On Catch Up To Global Moves, RBNZ Pricing Little Changed

BONDS

There has been a fairly parallel 8-9bp shift higher in yields across the NZGB curve in early Friday trade as participants adjust to the general move to higher yields in core global FI markets seen on Thursday.

  • Terminal rate pricing for the RBNZ continues to hover around the 4.60% level, with just over 50bp of tightening priced for the RBNZ’s October meeting, ultimately little changed vs. levels observed at yesterday’s close.
  • Today’s local docket is empty, which will leave participants to headline watch.
  • Also note that Japanese markets are closed on Friday, which will result in the closure of U.S. cash Tsy markets until London hours and a lower liquidity backdrop across wider markets during Asia-Pac hours.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
HomepageBond Market NewsBulletMarketsFixed Income Bullets
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
HomepageBond Market NewsBulletMarketsFixed Income Bullets

To read the full story

Close

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.