EM CEEMEA CREDIT: Democratic Republic of Congo: IMF’s SLA on ECF/RSF.

Nov-05 15:54

(B3/B-/B-)

  • The IMF reached Staff-Level Agreement (SLA) on II Review under the Extended Credit Facility (ECF) and I Review under the Resilience and Sustainability Facility (RSF).
  • Growth projections exceed 5% for FY25 and FY26, monetary policy kept easing and inflation has been in decline on currency appreciation following change in reserve requirements on FX deposits.
  • The Fund also cites sustained fiscal discipline, notwithstanding on-going regional conflict.
     

Historical bullets

FED: US TSY 26W BILL AUCTION: HIGH 3.695%(ALLOT 3.05%)

Oct-06 15:32
  • US TSY 26W BILL AUCTION: HIGH 3.695%(ALLOT 3.05%)
  • US TSY 26W BILL AUCTION: DEALERS TAKE 28.17% OF COMPETITIVES
  • US TSY 26W BILL AUCTION: DIRECTS TAKE 9.23% OF COMPETITIVES
  • US TSY 26W BILL AUCTION: INDIRECTS TAKE 62.59% OF COMPETITIVES
  • US TSY 26W BILL AUCTION: BID/CVR 3.04

FED: US TSY 13W BILL AUCTION: HIGH 3.850%(ALLOT 20.89%)

Oct-06 15:32
  • US TSY 13W BILL AUCTION: HIGH 3.850%(ALLOT 20.89%)
  • US TSY 13W BILL AUCTION: DEALERS TAKE 36.63% OF COMPETITIVES
  • US TSY 13W BILL AUCTION: DIRECTS TAKE 6.07% OF COMPETITIVES
  • US TSY 13W BILL AUCTION: INDIRECTS TAKE 57.30% OF COMPETITIVES
  • US TSY 13W BILL AUCTION: BID/CVR 2.91

OPTIONS: Expiries for Oct07 NY cut 1000ET (Source DTCC)

Oct-06 15:18
  • EUR/USD: $1.1650-65(E2.2bln), $1.1695-10(E869mln), $1.1750(E1.3bln), $1.1820(E2.3bln)
  • USD/JPY: Y149.25($667mln), Y149.75($811mln), Y150.00($747mln), Y150.60($525mln), Y151.00($776mln)
  • AUD/USD: $0.6675-90(A$630mln)