OIL: Angolan Cargoes Yet to Clear for Oct: Reuters

Sep-19 17:24

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Angolan cargoes for Oct loading have yet to sell out, traders told Reuters Sep. 19. * Around five O...

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US: FED Reverse Repo Operation

Aug-20 17:21

RRP usage rebounds to $34.999B this afternoon from $22.344B yesterday - lowest since April 5, 2021. Total number of counterparties at 29. This week's retreat compares this year's high usage of $460.731B on June 30.

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OPTIONS: Put Condors Bought Across Euribor, Bunds

Aug-20 17:13

Wednesday's Europe rates/bond options flow included:

  • RXU5/RXV5 129.5c spread, bought the Oct for 20.5 in 5k
  • RXV5 127.5/126.5/125.5/123p condor vs 130/131.5 cs, bought the Condor for 2 and 3 in 10k
  • ERH6 97.9375/97.8125/97.6875/97.5625p condor, bought for half in 7.5k
  • 0RX5 98.25/98.375cs, bought for 2 in 4k
  • SFIH6 95.50/60/70/80c condor, bought for 1.5 in 3k

US TSYS/SUPPLY: Review 20Y Bond Auction: In-Line

Aug-20 17:04

Treasury futures hold gains (TYU5 111-30.5 +6) little reaction after in-line $16B 20Y Bond auction (912810UN6), drawing a high yield of 4.876% vs 4.877% When-Issued yield at the cutoff; 2.54x bid-to-cover vs. 2.79x prior.

  • Peripheral stats: indirect take-up retreats to 60.64% vs. 67.4% prior; direct bidder take-up rises to 26.47% from 21.9% prior; primary dealer take-up of 12.88% vs. 10.72% prior.

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