SOFR OPTIONS: BLOCK: Sep'25 SOFR Call Condors
Aug-27 13:01
- 5,700 SFRU5 96.00/96.06/96.18/96.25 call condors 0.5 ref 95.89 at 0846:01ET
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
EUR: The NOK is now the best performer
Jul-28 12:57
- The Nokkie has now taken over the USD as the best performing Currency against the EUR within G10 FX.
- WTI is fully reversing Friday's losses, and a test up to $66.74 would match Friday's printed high.
- Commodity Traders will likely suggest that the Trade deal has put some impetus, and the higher Oil is underpinning the NOK.
- Next support in EURNOK is still some ~6.4 big figures away, down to 11.7800, the July low.
PIPELINE: Corporate Bond Roundup: Gathering Momentum
Jul-28 12:57
Decent corporate bond issuance this morning likely to slow down after Wednesday's FOMC policy annc as corporate earnings continue.
- Date $MM Issuer (Priced *, Launch #)
- 07/28 $1.95B Advance Auto 5NC2 7.125%, 8NC3 7.5%
- 07/28 $1.5B Community Health Systems 8.5NC3
- 07/28 $Benchmark RBC 4NC3 +80a, 4NC3 SOFR, 6NC5 +90a, 6NC5 SOFR
- 07/28 $Benchmark Deutsche Bank 6NC5 +125a, 6NC5 SOFR
- 07/28 $Benchmark Ally Financial 8NC7 +165a
- 07/28 $Benchmark M&T Bank 10NC5 +175a
- 07/28 $Benchmark Mexico 5Y +200a
- 07/28 $650M EW Scripps 5NC2
- 07/25 No new issuance Friday, $23.05B total issued on week
FRANCE T-BILL AUCTION RESULTS: 13/28/38/50-Week BTFs
Jul-28 12:56
| Type | 13-week BTF | 28-week BTF | 38-week BTF | 50-week BTF |
| Maturity | Oct 29, 2025 | Feb 11, 2026 | Apr 22, 2026 | Jul 15, 2026 |
| Amount | E2.998bln | E1.8bln | E600mln | E1.845bln |
| Target | E2.6-3.0bln | E1.4-1.8bln | E0.2-0.6bln | E1.5-1.9bln |
| Previous | E3.099bln | E1.598bln | E483mln | E1.998bln |
| Avg yield | 1.977% | 1.973% | 1.961% | 1.968% |
| Previous | 1.938% | 1.935% | 1.930% | 1.902% |
| Bid-to-cover | 4.21x | 3.57x | 6.38x | 4.39x |
| Previous | 3.13x | 2.78x | 7.65x | 2.78x |
| Previous date | Jul 21, 2025 | Jul 21, 2025 | Jun 16, 2025 | Jul 21, 2025 |
