BUNDS: Largest traded volume

Jul-28 07:37
  • Bund continues to unwind the early selling price action following the BoJ.
  • So far German NRW CPI came below last, French CPI was pretty much in line, and Spain saw a decent beat.
  • This the largest traded volume for this time of the day and for this expiry in Bund.
  • Resistance for the contract moves down to 133.14.

Looking at Yield, reference 132.62:

  • 2.474% = 133.11 (yesterday's close).

Historical bullets

EGB SYNDICATION: Italy 8Y CCTeu Syndicated Exchange: Guidance

Jun-28 07:36

EUR Benchmark Long 8Y FRN (Oct. 15, 2031)

  • Guidance: 6mE+116bp Area
  • Settlement: July 5, 2023
  • Bookrunners: SIENA, BNPP, IMI (B&D), UniCredit
  • Source: BBG
Securities MEF has indicated it will buy back:
  • 2.45% Oct-23 BTP (ISIN: IT0005344335)
  • 0.65% Oct-23 BTP (ISIN: IT0005215246)
  • 0.25% Nov-23 BTP Italia (ISIN: IT0005312142)
  • Dec-23 CCTeu (ISIN: IT0005399230)
  • Apr-25 CCTeu (ISIN: IT0005311508)

NZD: Further lows for the Kiwi

Jun-28 07:33
  • Further lows for the Kiwi, with support seen at 0.6085 against the Dollar.
  • And now over a 100 pips bounce against the Aussie, immediate resistance is at 1.0897, the very short term 38.2% retrace of the 20th/28th June fall.

Chart source: MNI/Bloomberg

EURIBOR OPTIONS: Latest trades

Jun-28 07:25
  • ERZ3 95.625p, bought for 9.25 in 3.5k.
  • ERZ3 96.00/95.87/95.37p ladder, bought for 1.25 in 4.5k.
  • ERH4 96.375/96.25/95.875/95.625 broken p condor, bought for 0.25 in 2.5k.