EM LATAM CREDIT: Mexico April Unemployment Rate Reported As Expected

May-30 12:06

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"*MEXICO APRIL UNEMPLOYMENT RATE 2.54%; EST 2.55%" - BBG...

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STIR: Repo Reference Rates

Apr-30 12:04
  • Secured Overnight Financing Rate (SOFR): 4.36% (+0.00), volume: $2.623T
  • Broad General Collateral Rate (BGCR): 4.35% (+0.00), volume: $1.059T
  • Tri-Party General Collateral Rate (TCR): 4.35% (+0.00), volume: $1.018T
  • (rate, volume levels reflect prior session)

EUROPEAN INFLATION: German inflation "surprise" in line with MNI tracking

Apr-30 12:03
  • German HICP came in a tenth higher than consensus expected at 2.2%Y/Y.
  • The national print also came in one tenth higher than consensus at 2.1%Y/Y - this is in line with the MNI tracking from the state estimates which indicated 2.1-2.2%Y/Y - so not a big surprise here.

GILT PAOF RESULTS: GBP1.124998bln of the 4.375% Mar-28 Gilt sold.

Apr-30 12:03
  • GBP1.125bln have been on offer.
  • This leaves GBP24.817bln of the gilt in issue.