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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.
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Free AccessThe longer end of the JGB curve has been.......>
JGBS: The longer end of the JGB curve has been subject to the most marginal
level of underperformance on the back of yesterday's post-auction flattening, in
spite of today's Rinban operations which covered 5-25 Year+ paper. The BOJ left
the size of the operations unch., with the offer to cover ratios sliding across
the board.
- The offer to cover ratio of the operations can be found below:
- 5-10 Year: 2.30 (prev. 3.17) - 10-25 Year: 3.00 (prev. 3.31) - 25+ Year: 2.67
(prev. 4.08)
- Prologis' & Barclay's Samurai issuance is set to price later this week, with
the fresh demand for carry via issuance pushing yen basis tighter from circa
3-Month wides.
- Rinban operations and 5-Year supply dominate the docket for the remainder of
the week.
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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.