BELGIUM AUCTION RESULTS: ORI Operation

May-02 10:09
 1.45% Jun-37 OLO3.45% Jun-43 OLO
ISINBE0000344532BE0000359688
AmountE300mlnE210mln
PreviousE225mlnE700mln
Avg yield3.266%3.581%
Previous2.969%3.321%
Bid-to-cover3.35x3.52x
Previous1.71x1.80x
Avg Price82.05198.274
Low Price82.0498.25
Pre-auction mid82.00198.205
Prev avg price84.309101.754
Prev low price84.30101.73
Prev mid-price84.290101.414
Previous date13-Dec-2418-Nov-24

Historical bullets

EU-BILL AUCTION RESULTS: 3/6/12-Month EU-Bills

Apr-02 10:09
Type3-month EU-bill6-month EU-bill12-month EU-bill
MaturityJul 4, 2025Oct 3, 2025Apr 10, 2025
AmountE1.369blnE1.228blnE1.326bln
TargetE1.5blnE1.5blnE1.5bln
PreviousE1.271blnE1.243blnE995mln
Avg yield2.254%2.220%2.141%
Previous2.340%2.297%2.243%
Bid-to-cover1.35x1.42x2.28x
Previous1.23x1.42x1.71x
Previous dateMar 19, 2025Mar 19, 2025Mar 19, 2025

OUTLOOK: Price Signal Summary - Bear Threat In EUROSTOXX 50 Fut. Remains Present

Apr-02 10:08
  • In the equity space, S&P E-Minis maintain a softer tone following recent bearish price action. Sights are on key support and the bear trigger at 5559.75, the Mar 13 low. It has been pierced, a clear break of it would confirm a resumption of the downtrend that started Feb 19, and open 5483.30, a Fibonacci projection. MA studies are in a bear-mode position, highlighting a dominant downtrend. Key short-term resistance has been defined at 5837.25, the Mar 25 high. Initial firm resistance is 5757.95, the 20-day EMA. Gains are considered corrective.
  • EUROSTOXX 50 futures traded lower Monday resulting in a breach of key support at 5229.00, the Mar 11 low. The contract has recovered, however, the print below 5229.00 undermines a bullish theme and signals scope for a deeper retracement. The 5200 handle has also been cleared, opening 5079.00, the Feb 3 low. It is still possible that recent weakness is part of a broader correction. Initial firm resistance is 5335.34, the 20-day EMA.

US: SOFR FIX - 02/04/25

Apr-02 10:01

SOFR FIX - Source BBG/CME

  • 1M 4.31930 0.00034
  • 3M 4.27734 -0.00364
  • 6M 4.16448 -0.00244
  • 12M 3.95120 -0.00869