Trial now

JPY Stronger After Spate Of Stronger Data


Light Support From Downtick In NASDAQ Futures

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

Eurozone T-bill issuance has concluded for the week with Germany, the Netherlands, France, the ESM and Portugal having sold E17.2bln in first round operations, marginally higher than last week's E16.9bln.

  • Germany issued E6bln of 5/11-month bubills on Monday: issuance volumes had been indicated at E3bln for each of the tenors, but due to the demand structure, the issuance volume of the 5-month was reduced to E2.5bln and the 11-month increased to E3.5bln. E2.114bln of the Dec 15, 2021 bubill was allotted and E3.431bln of the Jun 22, 2022 bubill.
  • The Netherlands sold E2.49bln of the 3.5-month Oct 28, 2021 DTC on Monday morning, the top end of the E1.5-2.5bln target range.
  • France concluded Monday's issuance, selling E6.169bln of BTFs against a E5.1-6.3bln range: E2.875bln of the 13-week Oct 13, 2021 BTF, E1.297bln of the 22-week Dec 15, 2021 BTF and E1.997bln of the new 51-week Jul 13, 2022 BTF.
  • On Tuesday, the ESM sold E1.492bln of the new 6-month Jan 20, 2022 bill.
  • Portugal concluded the week's issuance on Wednesday selling E1bln of the new 12-month Jul 22, 2022 BT.