Trial now
GBPUSD TECHS

Bearish Risk Still Present

AUSSIE BONDS

Looking For Cues

JGBS

Supply Provided The Highlight

EURUSD TECHS

Needle Still Points South

US TSYS

Contained In Asia

EUROSTOXX50 TECHS

(U1) Monitoring The Bearish Engulfing Candle

Bill Issuance For W/C Oct 19

EUROZONE T-BILL ISSUANCE
Germany, France, the Netherlands, Portugal and the ESM will issue bills in the W/C Oct 19. We estimate supply of E12.6bn (from E11.5bn initially) compared to E15.3bn the previous week.
  • RECAP: Germany was the first to come to market with a E2.93bn allotment of the Mar 3, 2021 and Sep 29, 2021 bubills on Monday. The Netherlands then tapped 6-month DTCs for E1.08bn. France concluded Monday's issuance with a sale of 3-/6-/12-month BTFs for E5.489bn. The ESM sold E2bn of 6-month bills on Tuesday.
  • ISSUANCE: Portugal is scheduled to sell E1.00-1.25bn of 3- and 11-month BTs on Wednesday.
  • CASH FLOWS: E10.96bn in redemptions will leave net cash flows at E1.61bn for the week.
** For further details please see MNI Eurozone T-Bill Calendar
MNI London Bureau | +44 0203-865-3808 | bruce.jeffery@marketnews.com