HUNGARY: EURHUF Briefly Trades Above 401.00 Amid Drop in Turkish Assets

Mar-19 08:27

You are missing out on very valuable content.

* Contagion from the sell-off in Turkish assets (see more above) has worked against the Hungarian ...

Historical bullets

ESM ISSUANCE: E2bln WNG 10-year Benchmark

Feb-17 08:25

We had expected a transaction to take place today or tomorrow, and had pencilled in a E2-3bln size. The maturity of 10-years is broadly in line with our expectations, as the ESM hasn’t issued a bond with longer than 10.5 years to maturity since 2018.

Details below as per Bloomberg:

  • EU2b WNG 10Y Fixed (Feb. 26, 2035) MS+45 Area.
    • Coupon: Annual, act/act, long first
  • Settlement: Feb. 24, 2025
  • ISIN: EU000A1Z99W5
  • Bookrunners: BofA (B&D), DB, Santander
  • Timing: May price today.

MNI EXCLUSIVE: MNI speaks to Fudan University researcher about PBOC policy

Feb-17 08:21

MNI speaks to Fudan University researcher and central bank advisor Sun Lujian about PBOC policy --- On MNI Policy MainWire now, for more details please contact sales@marketnews.com

CROSS ASSET: The Dollar finds a broader bid

Feb-17 08:12
  • The Dollar finds a broader bid, price action is mostly Germany Long end led, 10yr and 30yr, although similar drag lower are witnessed in shorter End STIR contracts.
  • The push in Tnotes (higher Yield) sees the Dollar testing intraday highs against the INR, MXN, KRW, CNY, CZK, EUR, PLN, ZAR, CAD, while JPY, CNH, AUD and NZD are seeing some offers.
  • Bund is so far finding some support right on the 2.50% Yield level, 2.499% is the printed high.