State-run Tass reports Foreign Minister Sergey Lavrov saying that Russia will confirm the dates of the next round of direct talks with Ukraine on reaching a ceasefire "in the very near future," Speaking in Moscow, Lavrov says "At these negotiations on May 16 in Istanbul, when they resumed, we insisted on the abolition of all these discriminatory laws and will continue to do so in the next round of direct negotiations," Lavrov also confirmed that "A neutral and nuclear-free status for Ukraine is one of Russia's key demands.”
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"As considered in the 2025 State financing programme published in December 2024, Agence France Trésor announces the syndicated increase of the Green OAT 3.00% 25 June 2049 to be launched in the near future, subject to market conditions. Joint Lead Managers will be Barclays, BNP Paribas, BofA Securities, Crédit Agricole CIB, HSBC and Natixis. All primary dealers will be invited to participate in the syndicate."
MNI pencils in a E4-8bln transaction size (a bit more uncertain than usual given it's a tap).
SFIM5 95.75/95.85/95.95c fly, sold at 2.5 down to 2.25 in 6k.
Of note:
USDJPY 2.5bn at 144.00 (tue).
USDCAD 1.7bn at 1.3800/1.3825 (tue).
EURUSD 2.45bn at 1.1375/1.1395 (wed).