SPAIN AUCTION PREVIEW: On offer next week

Mar-14 13:03

Tesoro Público has announced that it will sell the following Oblis at its auction next Thursday (March 20):

  • the 0.50% Apr-30 Obli (ISIN: ES0000012F76)
  • the 3.15% Apr-35 Obli (ISIN: ES0000012O67)
  • the 3.45% Jul-43 Obli (ISIN: ES0000012K95)

Auction sizes will be announced on Monday (March 17).

Historical bullets

SONIA: SFIM5 95.75/95.50 Put Spread Sold

Feb-12 12:59

SFIM5 95.75/95.50 put spread 7K given at 3

EGB OPTIONS: DUH5 106.80/107.00/107.20 Call Fly

Feb-12 12:56

DUH5 106.80/107.00/107.20 call fly 5.2K given at 4.75

BONDS: MNI Europe Pi: Long Reduction / Short Setting Continues

Feb-12 12:46

We've just published our latest Europe Pi positioning analysis - PDF: MNI-PI12022025.pdf

  • Structural positioning across most European futures contracts remains relatively flat, with most looking similar to our last full Europe Pi update on Jan 28. Again, this contrasts with longer-leaning positioning at the very end of 2024.
  • BTP and OAT stand out for being long and short, respectively, with Buxl (short) the lone German contract not in flat territory.
  • We continue to see longs reduced and shorts set across contracts, including over the most recent week of trade.
     
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