Trial now
USDCAD TECHS

Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

Bill Supply For W/C May 24, 2021

EUROZONE T-BILL ISSUANCE

Germany, France and Italy are the only countries due to sell bills this week with issuance expected to come in at E17.0bln down from E18.8bln last week. Note that Germany and France will issue this morning due to yesterday's Whit Monday holiday.

  • Germany will kick off issuance for the week this morning, looking to sell E4bln of the 12-month May 18, 2022 bubill.
  • France will then come to the market this afternoon with E5.3-6.5bln of BTFs on offer: E2.1-2.5bln of the 12-week Aug 18, 2021 BTF, E1.4-1.8bln of the 21-week Oct 20, 2021 BTF and E1.8-2.2bln of the new 51-week May 18, 2022 BTF.
  • Italy will conclude issuance for the week on Thursday with 6-month Nov 30, 2021 BOTs on offer.
MNI London Bureau | +44 203-865-3820 | tim.davis@marketnews.com
MNI London Bureau | +44 203-865-3820 | tim.davis@marketnews.com