News Headline Summary

Belgian T-bill auction results:

- Belgium sells EUR 1.65bln 3-month T-bills, bid/cover 2.34 prev. 2.65, average yield of 0.012% vs. Prev. -0.006%
- Belgium sells EUR 1.521bln 12-month T-bills, bid/cover 2.06 prev. 2.84, average yield of 0.110% vs. Prev. -0.004%

Reaction details (16:44)

- Selling to the top end of the indicative range, however no reaction observed in the short-end of the curve given that these are regular cash management operations.

15 Jan 2013 - 16:43 - Fixed Income - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: