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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.
CONSUMER STAPLES
- Initial tender results out - its bumped total size from £1b to £1.2b which should see all participating bonds in the two £ & € lines taken out before moving to $ lines.
- The € 2045 line only has €160m put forward vs. outstanding €600m. Most other lines saw closer to ~50% take-up on offer.
- As mentioned then, co targeting low cash prices (tender lines outlined below) is a negative for € short-end/belly curve (that is struggling including on recent supply) - particularly given skew to £ (and now given take-up results) $ lines.
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.
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