Total Derivatives

Swaps - EUR

Bunds are down with USTs today but BTPs are weakest amid reports of new borrowing. Elsewhere, banks discuss the ECB's appetite for buying bonds.

Names on the screens at the end of the week include REN, Berlin Hyp, Ile-de-France and RfPs from the EU and the EFSF.

Traders said the Eikon outage hit flows but spotted flattening in 2s/10s while cash spreads came under pressure.

EUR new issuance remains quieter for the Easter holidays but continues to tick over, aided by activity from regional governments and supras.

The arrival of sovereign syndications dominates today's activity.

Syndications arrive from Italy, Portgual and Romania.

Sovereign syndications are announced by Italy and Portugal, while analysts warn of the risks of the GCC decision.

Euro issuance has picked up following the long holiday weekend.

USTs provided some support but traders flag decoupling ahead. Elsewhere new issuance dries up ahead of Easter break.

Better paying in swaps persists around the 10y sector.

Load More Swaps - EUR