GILTS: Curve Bear Flattens, Supply Digested Smoothly

May-28 09:34

You are missing out on very valuable content.

Gilts hold the bulk of their losses. * Some concession was seen ahead of today's green gilt supply ...

Historical bullets

GERMAN T-BILL AUCTION RESULTS: 3/9-Month Bubills

Apr-28 09:33
Type3-month Bubill9-month Bubill
MaturityJul 16, 2025Jan 14, 2026
AllottedE1.64blnE2.48bln
PreviousE2.195blnE1.295bln
Total soldE2blnE3bln
TargetE2blnE3bln
Avg yield1.903%1.789%
Previous2.158%2.105%
Bid-to-cover1.41x1.18x
Previous1.56x1.44x
Bid-to-offer1.16x0.98x
Previous1.37x1.25x
Previous dateMar 24, 2025Mar 24, 2025

SONIA: Call fly buyer

Apr-28 09:16

SFIU5 96.35/96.6/96.85c fly, bought for 4.5 in 7k.

ITALY T-BILL AUCTION RESULTS: 5-month BOT results

Apr-28 09:10
Type5-month BOT5-month BOT
MaturitySep 12, 2025Sep 30, 2025
AmountE2blnE2bln
TargetE2.0blnE2.0bln
Previous E7bln
Avg yield2.077%2.069%
Previous 2.268%
Bid-to-cover1.78x1.78x
Previous 1.48x
Previous date Mar 27, 2025