SNB: Central Bank Watch

Dec-04 14:32

You are missing out on very valuable content.

...

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