Basic Swaps

Basis: Stable cable as supras break from binge

The EBRD has been conspicuous by its presence in the cross-border bond issuance market this week, as fellow supranational borrowers retreat.

Basis: Slow awakening sees front end flow; SEK talk

The basis swap market is gently awakening after a partial shutdown yesterday. Traders reported short-dated EUR/USD activity and longer cable flow.