NORGES BANK: Judgement Factor Was Hawkish Contributor To March Rate Path Changes

Mar-26 10:10

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The decomposition of the March MPR rate path changes relative to December show largely unsurprising ...

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AUSTRIA T-BILL AUCTION RESULTS: 3-Month ATB

Feb-24 10:06
Type3-month ATB
MaturityMay 28, 2026
AllottedE1.86bln
PreviousE1bln
AmountE2.25bln
TargetE2.25bln
PreviousE1bln
Avg yield1.945%
Previous1.950%
Bid-to-cover2.07x
Previous1.78x
Bid-to-offer1.71x
Previous1.78x
Previous dateJan 27, 2026

GILT AUCTION RESULTS: Strong 7-year auction

Feb-24 10:06
  • Strong 7-year gilt auction for the 4.125% Mar-33 gilt.
  • The LAP (lowest accepted price) was 100.290 - above the intraday high recorded on Bloomberg of 100.281.
  • Bid-to-cover in excess of 3x again, too (although this is a slightly smaller auction than last month with a lower bid-to-cover).
  • All in all a very successful auction.

ITALY AUCTION RESULTS: BTP Short Term / BTPei Results

Feb-24 10:05
 2.20% Feb-28 BTP Short Term1.10% Aug-31 BTPei1.80% May-36 BTPei
ISINIT0005692410IT0005657348IT0005588881
AmountE2.5blnE1blnE1bln
PreviousE3blnE1blnE1.5bln
Avg yield2.16%0.84%1.51%
Previous2.26%0.94%1.72%
Bid-to-cover1.62x1.75x1.74x
Previous1.64x1.67x1.68x
Avg Price100.10101.37102.78
Pre-auction mid100.079101.303102.679
Prev avg price99.91100.85100.89
Prev mid-price 100.759100.790
Previous date27-Jan-2627-Jan-2628-Oct-25