US sells USD 28bln of 2yr FRN; High Discount Margin 0.089% 

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White House on Iran, says negotiations are proceeding nicely; Trump has made red lines clear

US sells 17wk Bills at 3.63%, covered 3.01x

US sells USD 28bln of 2yr FRN; High Discount Margin 0.089% 

President Trump may unilaterally announce in the coming hours that an Iran-US agreement has been finalised to pressure Iran and shape public opinion before differences are resolved, Fars reports

European Closes: Euro Stoxx 50 +0.08% at 6,067, Dax 40 +0.13% at 25,218, FTSE 100 +0.13% at 10,505, CAC 40 +0.43% at 8,208, FTSE MIB -0.64% at 49,579, IBEX 35 +0.49% at 18,381, PSI -0.65% at 9,136, SMI +0.57% at 13,602, AEX -0.21% at 1,040

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  • High Discount Margin 0.089% (prev. 0.103%) 
  • Bid-to-cover: 3.49x (prev. 3.52x) 
  • Dealers: 26.8% (prev. 34.3%) 
  • Directs: 0.7% (prev. 0%) 
  • Indirects: 72.4% (prev. 65.7%) 

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