BOBL: Block trade

May-26 07:03

Bobl Block buyer

  • OEM2 3k at 127.68

Historical bullets

USD: Reverses losses

Apr-26 06:59
  • The USD pare some of its overnight losses, with Equities ticking lower since the Govie cash open and going into the Equity cash open.
  • The Scandis, NOK and SEK are extending losses, while the EUR and the Pound are seeing offers re-emerging.
  • AUD, NZD, JPY and the CAD are still holding onto gains.
  • USDNOK target the December high at 9.1948, also the highest print since November 2020

BONDS: MONTH END EXTENSION

Apr-26 06:52

Bloomberg Bonds:

  • US Tsys; +0.07yr (small, average)
  • EU Govies: +0.07yr (small, average)
  • UK Govies: -0.001yr (non event)

GILTS: Remit update

Apr-26 06:35
  • Gilt remit revised to GBP131.5 (originally GBP124.7bln). Of which:
    • Shorts: GBP39.4bln (GBP37.1bln; +GBP2.3bln)
    • Mediums including green: GBP28.1bln (GBP26.5bln; +GBP1.6bln)
    • Longs including green: GBP37.3bln (GBP35.5bln; +GBP1.8bln)
    • Linkers: GBP19.7bln (GBP18.6bln; +GBP1.1bln)
    • Unallocated: GBP7.0bln (unch)
  • 4 additional gilt auctions planned (one of each type).
  • 5 additional dates in the provisional calendar (although one of the FQ2 dates is expected to be replaced by a syndication).
  • No change to the syndication programme GBP13.0bln long and GBP8.0bln linker.
  • No change to GBP10.0bln green gilt supply (coming out of medium and long buckets).
  • T-bill net target stock contribution revised to GBP30.2bln (originally GBP23.2bln; +GBP7.0bln).