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.