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Free AccessBill issuance this week....>
EUROZONE T-BILL ISSUANCE: Bill issuance this week is expected to total E10.9bln,
vs E13.8bln last week.
- ISSUANCE: The Netherlands begin weekly issuance on Monday, selling the new
6-month Aug 30, 2019 for between E1.0-2.0bln. Later on Monday, France sell
3-/6-/12-month BTFs. This includes between E2.2-2.6bln of 3-month May 29, 2019
BTF, E0.8-1.2bln of 6-month Jul 31, 2019 BTF, and E0.7-1.1bln of new 12-month
Feb 26, 2020 BTF. Belgium comes to market on Tuesday, re-opening May 9, 2019 TC
bills for E1.0bln, E0.8bln of 3-month Jul 11, 2019 TC bills and E0.8bln of
6-month Sep 12, 2019 TC bills. The ESM rounds off issuance for the week later
Tuesday, selling E2.0bln of new 3-month Jun 6, 2019 bills.
- CASH FLOWS: With E20.1bln in redemptions this week, including E5.9bln from
France, E5.0bln from Belgium, E2bln from the ESM and E7.1bln from Spain, net
cash flow will come in at negative E9.2bln, compared with negative E3.5bln last
week.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.