EU-BILL AUCTION RESULTS: 3/6/12-month EU-bills

Apr-16 10:10

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Historical bullets

EGB OPTIONS: Large Bund put spread

Mar-17 10:09

RXK5 127/126 ps, bought for 33.5 in 10k.

EURIBOR: EURIBOR FIX - 17/03/25

Mar-17 10:06

EURIBOR FIX - EMMI/Bloomberg

  • EUR001W 2.4210 -0.0030
  • EUR001M 2.3860 0.0070
  • EUR003M 2.4560 -0.0220
  • EUR006M 2.4220 0.0070
  • EUR012M 2.4390 -0.0120

BONDS: OAT/Bund spread tightest since July 2024

Mar-17 09:52
  • The French OAT futures is still leading the gains within EGBs, the 10yr Yield is testing the 3.50% level, although this is not seen as a Technical level.
  • The Initial resistance in OATM5 is seen further out, up to 122.80.
  • The early price action in futures has helped the OAT/Bund to tighten by 1.7bps, the spread is again testing the 67.00bps area, this was close to the 50% retracement of Macron's last June snap election call.
  • A clear break through 67.00bps, opens to ~63bps next.
OAT Bund 17 03 25