EM CEEMEA CREDIT: Romania: GUI - mkt source

Jul-09 13:12

(ROMANI; Baa3neg/BBB-neg/BBB-neg)

IPT L5Y (16Sep30) @ T+225bp area
FV L5Y @ T+200bp
GUI @ T+195bp area

IPT L10Y (16 May36) @ T+270bp area
FV L10Y @ T+235bp
GUI @ T+240bp area

Tap of July 2039 EUR guidance at MS+385a

USD books combined > USD 6.50bn (excl. JLM)
EUR book > EUR 3.75bn (excl. JLM)
Books subject at 15:00 UK / 10:00 EST

Links to our earlier notes:
https://mni.marketnews.com/44lVIur 
https://mni.marketnews.com/406XSvj 

Historical bullets

EURIBOR OPTIONS: Put Condor Buyer

Jun-09 13:10

ERZ5 98.25/98.1875/98.00/97.75p condor, bought for 1.5 in 5k.

SLOVAKIA AUCTION PREVIEW: On offer next week

Jun-09 13:07

Slovakia has announced it will be looking to sell the following SlovGBs at its auction next Monday, June 16:

  • the 3.00% Nov-31 SlovGB (ISIN: SK4000026241)
  • the 3.625% Jun-33 SlovGB (ISIN: SK4000023230)
  • the 3.75% Feb-35 SlovGB (ISIN: SK4000022539)
  • the 1.00% Oct-51 SlovGB (ISIN: SK4000019857)

BUNDS: German 10yr Yield edges toward 2.60%

Jun-09 13:06
  • The fall to session low in Bund, means that the 10yr Yield is making another attempt at the 2.60%, this level held on the 29th May, and last Thursday.
  • Last Thursday's low in futures was at 130.12, so far printed a 130.13 low.
  • In Yield term, 2.60% isn't far, Today equates to 130.07.