EU TRANSPORTATION: easyJet: 1H Results
May-21 09:07
Yield colour remains weak into 3Q on Easter reversal, while 4Q guidance is left vague at "modestly u...
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GILT AUCTION RESULTS: Strong 3-year gilt auction
Apr-21 09:05
Strong 3-year gilt auction of the 4.00% May-29 gilt with decent bid-to-cover despite the larger size, decent tail of 0.2bp, and the LAP (lowest accepted price) was decently above the pre-auction secondary market price.
GILT AUCTION RESULTS: 4.00% May-29 gilt
Apr-21 09:03
| 4.00% May-29 Gilt | Previous | |
| ISIN | GB00BVP99566 | |
| Amount | GBP5.00bln | GBP3.50bln |
| Avg yield | 4.238% | 3.810% |
| Bid-to-cover | 3.35x | 3.49x |
| Tail | 0.2bp | 0.4bp |
| Avg price | 99.315 | 100.561 |
| Low price | 99.310 | 100.550 |
| Pre-auction mid | 99.286 | 100.524 |
| Previous date | 05-Mar-26 |
TARIFFS: Greer Tells Industry Body Tariffs on Autos/Steels Here to Stay
Apr-21 09:03
Reuters write: "U.S. Trade Representative Jamieson Greer has told Mexico's auto and steel industries they should not expect the renegotiation of the U.S.-Mexico-Canada Agreement to remove President Donald Trump's tariffs on their sectors, four industry sources familiar with the discussions said."
- "Greer made the comments on Monday to the industry groups and other top business leaders in meetings in Mexico City to discuss goals for revamping the USMCA with Mexico's president and economy minister as a July 1 deadline for a six-year review approaches."
- "Greer also told the auto industry that U.S. officials are exploring ways to help Mexico but did not offer specifics, the source said."
