RENEWABLES: UK Morning Wind Forecast

Sep-25 07:21

See the latest UK renewables forecast for base-load hours for the next seven days. UK wind output is anticipated to be on a general upward trend from 29 September, when it will climb from a 4% load factor to a 46% load factor on 3 October.

UK: Wind for 26 September – 3 October

  • 26 September: 8.78GW
  • 27 September: 7.69GW
  • 28 September: 2.96GW
  • 29 September: 1.14GW
  • 30 September: 3.53GW
  • 1 October: 6.20GW
  • 2 October: 10.32GW
  • 3 October: 13.29GW

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Historical bullets

OAT: French 10yr Yield breaks above 3.50%

Aug-26 07:18
  • The French OAT is starting to drag Bund lower, The UK Gilts is also at play, as the UK returns from their Bank Holiday.
  • The French 10yr Yield has fully cleared the 3.50% level, highest since March.

Next stop, reference 121.60:

  • 3.550% = 121.39.
  • 3.631% = 120.61 (highest Yield print since Nov 2011).

(Chart source: MNI/Bloomberg Finace LP).

GFRN10 Index (France Govt Oats B 2025-08-26 08-14-36

EGB SYNDICATION: Austria New 7-Year RAGB: Books open

Aug-26 07:07
  • E3bln WNG of the new 7-year Sep-32 RAGB
  • Guidance: MS+33 area
  • Format: Reg S, Bearer, 144A eligible, CAC
  • Settlement: 02 September 2025 (T+5)
  • Maturity: 20 September 2032 (7Y)
  • Size: EUR 3 billion (Will not grow, excluding potential issuer retention)
  • Coupon: TBD, Fixed, Ann., ACT/ACT (Long 1st to 20 September 2026)
  • ISIN: AT0000A3NY15
  • Bookrunners: BofA / DB(DM/B&D) / Erste Group / HSBC / JPM / Raiffeisen Bank International
  • Timing: Books open, today's business

From market source

GILTS: Testing the 2.75% level on the Open

Aug-26 07:05

A big move for Gilt on the Open, some of the calls were 90.90/91.00, it was netting at 90.87, but down 50 ticks and through session lows.

The Dec is still not front Month, but expected to be Today.

Immediate support in G Z5 is at 90.31, while the next Yield levels are still at:

  • 4.800% = 89.98.
  • 4.921% = 88.93.