EU REAL ESTATE: Akelius Residential: 9M update (AKFAST; NR/BBB-/NR)

Oct-24 09:16

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Neutral. * Rental Income EUR 277m +5.2% lfl * Vacancy fell from 4.9% to 3.5%. 1.8% ex-renovations. *...

Historical bullets

GREECE T-BILL AUCTION RESULTS: 26-Week GTB

Sep-24 09:14
Type26-week GTB
MaturityMar 27, 2027
AmountE500mln
TargetE500mln
PreviousE500mln
Avg yield1.80%
Previous1.74%
Bid-to-cover1.90x
Previous1.84x
Previous dateAug 20, 2025

GILT AUCTION RESULTS: 4.375% Mar-30 Gilt React: Weaker Than Previous Re-openings

Sep-24 09:13

Slightly weaker 4.375% Mar-30 Gilt sale than recent re-openings. The 0.4bp tail was a little wider than the 0.1-0.2bps seen between June and August, but in line with May’s re-opening.

  • The 2.80x bid-to-cover ratio was the lowest on record for this line, and below the 3.19x average for the prior four re-openings.
  • The lowest accepted price was 101.109, a shade below the 101.100 pre-auction mid. The secondary price of the Gilt has fallen a touch since the results were published, to 101.086.

ITALY AUCTION RESULTS: BTP Short Term / BTPei Results

Sep-24 09:08
 2.10% Aug-27 BTP Short Term1.10% Aug-31 BTPei2.40% May-39 BTPei
ISINIT0005657330IT0005657348IT0005547812
AmountE2.5blnE1.25blnE1.25bln
PreviousE3blnE1.5blnE1.25bln
Avg yield2.23%1.17%2.13%
Previous2.20%1.13%1.97%
Bid-to-cover1.57x1.67x1.67x
Previous1.56x1.51x1.45x
Avg Price99.7899.60103.33
Pre-auction mid99.75399.514103.199
Prev avg price99.8299.83105.52
Prev mid-price99.80199.739105.447
Previous date26-Aug-2524-Jul-2525-Sep-24