HALISTER1: Sell Buxl ASW as Embedded QE Scarcity Premium Very High: BNP

Sell Buxl ASW as Embedded QE Scarcity Premium Very High: BNP

(Bloomberg) -- Expect Buxl ASW move to low 20bps once ECB announces a change in QE parameters, BNP Paribas strategists including Eric Oynoyan write in client note.
  • Enter half now at 32.9bp and on any additional widening to 37bp; target 20/22bp, stop 40bp
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
2539Z GR (European Central Bank)

People
Eric Oynoyan (BNP Paribas SA)

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