IRAN: Axios: US Developing Options For 'Final Blow' If No Diplomatic Progress

Mar-26 09:51

Axios reports : https://www.axios.com/2026/03/26/iran-invasion-plans-kharg-island-trumpthat, accordi...

Historical bullets

CROSS ASSET: Bond and FX Month End Extensions

Feb-24 09:47

A late bid in Tsys and EGBs into the unofficial EU Close on Friday can't be ruled out.

Bloomberg Bonds:

  • US Tsys: +0.10y (average for Feb).
  • EU Govies: +0.08y (average for Feb).
  • UK Govies: -0.02y (non event).

Citi Bonds:

  • EU Govies: +0.11y (decent to average for Feb).
  • UK Govies: -0.02y (non event).

MS Bonds:

  • US Tsys: +0.08y (average for Feb).
  • EU Govies: +0.10y (Decent).
  • UK Govies: -0.02y (non event).

Barclays FX:

  • Their proprietary rebalancing model indicates moderate dollar buying against all majors for Month End.

EGB SYNDICATION: Spain 30-year Oct-56 Obli: Spread set

Feb-24 09:33
  • EUR Benchmark (MNI expected E5-8bln, Reuters source said Treasury looks for E6bln).
  • Spread set at 4.00% Oct-54 Obli mid (ISIN: ES0000012M93) +5bps (guidance was +8bps area)
  • Books in excess of E110bln (including E5.95bln JLM interest)
  • Coupon: Short first
  • Maturity: Oct. 31, 2056
  • ISIN: ES0000012R56
  • Settlement: March 3, 2026 (T+5)
  • Bookrunners: BNPP, Citi, CA-CIB, DB, GS, HSBC (B&D / DM)
  • Timing: Books to close at 9:45GMT / 10:45CET

From market source / MNI colour

EURIBOR OPTIONS: Large outright Call trades for more

Feb-24 09:31

Large Outright Euribor Call trades for more, now bought for 2.25.:

  • ERZ6 98.50c, bought for 2.25 and 3 in ~28k total.