CREDIT UPDATE: EU Credit Close

Mar-19 16:28By: Donal Golden
  • 2y/10y bunds are closing +2bp/-1bp at 2.19%/2.8%.
  • EUR IG closes -0.1bp on average. Movers include GLJGR (+6-12), FDX (+3-5), CKHH (+1 to -9), VRLAFP (+10-50c).
  • SX5E/SPX futures are +0.4%/+0.8%. EUR IG movers include Amphenol Corp (+5%), Pandora A/S (+4%), Alimentation Couche-Tard Inc (+4%), Worldline SA/France (-4%), Compass Group PLC (-4%).
  • Primary saw deals from AIB, BACR (T2), Erste (SP), LLOYDS (OpCo), MTROLN (£AT1).
  • Main/XO finish -0.7bp/-3bp at 55.2bp/301bp.