IRELAND BOND AUCTION RESULTS: 2.60% Oct-34 IGB / 3.00% Oct-43 Green IGB

Sep-11 09:09
 2.60% Oct-34 IGB3.00% Oct-43 Green IGB
ISINIE000LQ7YWY4IE000GVLBXU6
AmountE1blnE500mln
PreviousE1.25blnE500mln
Avg yield2.876%3.428%
Previous2.820%2.949%
Bid-to-cover1.58x1.88x
Previous1.95x1.52x
Avg Price97.8294.30
Pre-auction mid97.64894.075
Prev avg price98.19100.74
Prev mid-price97.908100.730
Previous date08-May-2521-Mar-24

Historical bullets

GILT AUCTION RESULTS: Decent 4.375% Mar-30 Gilt auction.

Aug-12 09:07
  • The 0.1bp tail is the tightest that has been seen for this line across eight auctions including the launch.
  • 3.15x bid-to-cover ratio in line with the prior average.
  • Lowest accepted price of 101.450 in excess of the 101.431 pre-auction mid.
  • The secondary price of the Gilt has moved up to 101.440 at typing.
  • Gilt futures have inched off lows since the results were published, though remain -28 ticks at 91.98 following this morning’s labour market data. 

GILT AUCTION RESULTS: 4.375% Mar-30 Gilt

Aug-12 09:04
 4.375% Mar-30 GiltPrevious
AmountGBP4.75blnGBP4.75bln
Avg yield4.022%4.078%
Bid-to-cover3.15x3.12x
Tail0.1bp0.2bp
Avg price101.456101.235
Low price101.450101.225
Pre-auction mid101.431101.213
Previous date 17-Jul-25

EQUITY OPTIONS: Estoxx Put Spread

Aug-12 09:03

SX5E (15th Aug) 5150/5050ps, bought for 1.1 in 6.5k.