HALISTER1: Cheapest EGBs Include German Aug. 2026, BTP Nov. 2027: UniCredit

Cheapest EGBs Include German Aug. 2026, BTP Nov. 2027: UniCredit

(Bloomberg) -- UniCredit’s analysis has delivered a selection of eight cheapest Euro government bonds that carry highly different characteristics but are all concentrated toward the 10Y maturity bucket, UniCredit strategist Kornelius Purps writes in client note.
  • Recently issued 10Y German benchmark bond DBR Aug. 2026 is part of the collection
  • Also included are DBR Feb. 2026, BTP Nov. 2027, SPGB July 2025, SPGB 2026, BGB June 2026, Irish March 2025 and PGB Feb. 2024
  • New BTP Dec. 2026, which will be auctioned on July 28, appears attractive but does not belong to the “cheapest bond” group, according to the analysis
  • Most expensive EGBs identified as SPGB July 2020, RAGB Oct. 2023, PGB Oct. 2025
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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