HUNGARY: ForMin Says EU's New Sanctions Package Brings Concessions for Hungary
The new sanctions package by the EU against Russia mostly include concessions for Hungary, in terms of crude oil products and the operation of the Druzhba pipeline, MTI report foreign minister Peter Szijjarto as saying in New York.
- "This sanctions package however includes concessions for Hungary. We have successfully fought for the 16th sanctions package to allow Hungary from now on to use products made from Russian crude oil, processed in the Bratislava refinery of Slovnaft and imported by Mol, which greatly improves Hungary's energy security," he said.
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BUNDS: Block and Swap trades
Bund block trade, suggest seller.
- RXH5 ~2.12k at 131.67.
Bund Swap related trade suggest Payer:
- RXH5 1.84k at 131.72.
STIR: CORRECT: Some SOFR Spread Flow In Early London Trade
Although U.S. liquidity is set to be limited by the MLK holiday, early London trade has seen some spread flow.in SFRU5/M6, with paper paying -2.0 on 11.2K. That may have been triggered by activity in SFRM5/M6, which saw paper pay -9.0 on 2.4K at the same time.
STIR: Some Spread Flow In Early London Trade
Although U.S. liquidity is set to be limited by the MLK holiday, early London trade has seen some spread flow.in SFRU5/M6, with paper paying ~11.2K on -2.0. That may have been triggered by activity in SFRM5/M6, which saw paper pay -9.0 on 2.4K at the same time.
