Swaps - GBP
Swappers take stock after the GBP fixed income market took its heaviest non-Covid hit in a long time as fears of a Nov hike materialised.
After the ecstatic deluge of Green gilt sales came the more humdrum affair this morning of a £350m tap of the IL56. 'Tepid' was one adjective applied.
LCH SwapClear and CME this week published updates on clearing as LIBOR's end approaches for CHF, EUR, GBP and JPY.
The LSE Group has said its interest rate futures market CurveGlobal will close in January next year.
Today’s Green gilt debut broke records left, right and centre as it became the biggest Green bond sale ever.
Green day is almost upon us, and sources said today that the lights are shining Green for go ahead of what is promised will be a record-breaking sale.
The 10y gilt yield is at its second-highest since a completely unknown pandemic struck the UK with no warning at all. Good timing for Green gilts.
Another mellow Autumn day was full of fruitfulness once again for GBP, with a SONIA-linked RBC deal and a larger-than-expected deal from L-Bank.
“All the world’s a stage, and all the gilt traders merely players…' so spaketh the Bard and so did swappers today when appraising the MPC hike drama.
After soothing CPI data from the US yesterday, more alarming news here saw the hawks firmly in the ascendant in nominals, the front end anyway.