SNB: Central Bank Watch
Dec-04 14:32
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
EQUITIES: US Cash Opening Calls
Nov-04 14:27
SPX: 6,788.8 (-0.9%); DJIA: 47,093 (-0.5%/-244pts); NDX: 25,642.5 (-1.3%).
EUR: FX Exchange traded Call Buyer
Nov-04 14:12
EURUSD (6th Mar) 1.1800c, bought for 0.008 in ~4.6k.
EFSF ISSUANCE: New 5-year Nov-30 / 2.875% Jan-2035 tap: Priced
Nov-04 14:04
New 5-year benchmark
- Reoffer: 99.629 / 2.580%
- Spread set earlier at MS+22bps (guidance was MS+24 bps area)
- Size: E3.0bln (E2.5-3.5bln)
- Final books in excess of E23.5bln (ex JLM interest)
- Maturity: 11 November 2030
- Coupon: 2.50%
- Hedge ratio: 100% vs 2.20% Oct-30 Bobl (Spot ref 99.755 +33.0bp)
- ISIN: EU000A2SCAV2
- Timing: TOE 13:37GMT / 14:37CET. FTT immediately.
2.875% Jan-2035 tap
- Reoffer: 98.928 / 3.009%
- Spread set earlier at MS+39bps (guidance was MS+42 bps area)
- Size: E1.5bln (middle of MNI's expected E1.0-2.0bln)
- Final books in excess of E22.5bln (ex JLM interest)
- Hedge ratio: 98% vs 2.50% Feb-35 Bund (Spot ref 99.064 + 39.5bp)
- ISIN: EU000A2SCAS8
- Timing: TOE 13:38GMT / 14:38CET. FTT immediately.
For both:
- Settlement: 11 November 2025 (T+5)
- Bookrunners: BNPP / BofA (DM/B&D) / NATWEST
From market source / MNI colour
