Archives

Option expiries of note for today’s 1000am NY cut (1500BST)

EUR/USD
– 1.1200 (335mln), 1.1250 (273mln), 1.1300 (1.5bln), 1.1325 (353mln), 1.1325 (353mln) 

USD/JPY
– 118.70-75 (660mln), 121.00 205mln), 121.75 (230mln)

USD/CHF 

-0.9645 (1200mln)

NZD/USD
– 0.6500 (370bln)

AUD/USD
– 0.7300 (512mln)

 

(IFR)

DAILY G7 BOND AUCTION PREVIEW: Austrian EUR 1.3bln 3.9% 2020 and 1.2% 2025 Bond Auction

1st September 2015

EU

This week sees a resurgence in Eurozone supply as we head out of the summer months with at the time of writing approximately EUR 16bln to hit the market and Spain yet to announce the size of their supply. In terms of the order of proceedings, Austria kick things off on Tuesday with a 5 and 10yr offering before Germany, Belgium and the UK enter the market on Wednesday with France and Spain to round things off on Thursday.

 

AUCTION PREVIEW: Austrian EUR 1.3bln 3.9% 2020 and 1.2% 2025 Bond Auction

 

In terms of historical data:

3.9% 2020 prev. b/c 2.62 and average yield -0.038%

1.2% 2025 prev. b/c 2.13 and average yield 0.863%

Bids are submitted by 1000BST and results are published shortly after

 

 

AUCTION PREVIEW: ECB’s 7-Day MRO

The ECB last allotted EUR 69.6bln in 7-Day op 99 bidders.

Bids are submitted by 1010BST and results are published shortly after.

 

 

AUCTION PREVIEW: Belgian EUR 1.7-2.1bln 3-,6-Month T-Bill Auction

 

The most recent 3-Month T-Bill auction was covered 5.76 times and at an avg. yield of -0.240%. The most recent 6-Month T-Bill auction was covered 1.75 times and at an avg. yield of -0.204%. Bids are submitted by 1030BST and results are published shortly after.

 

 

US

No supply scheduled out of the US this week and focus will likely turn to the 3, 10 and 30yr announcements on Thursday where expectations are for the sizes to be USD 24bln, USD 21bln, and USD 13bln respectively. The size is unchanged for the 3yr but is a USD 3bln decrease in both the 10y and 30y from USD 24bln and USD 16bln respectively.

(RANsquawk)