Trial now
MNI

Test, Please Ignore

EUROZONE ISSUANCE

EGB Supply for W/C Jul 26

USDCAD TECHS

Pullback Considered Corrective

US TSYS SUMMARY

What a Short, Strange Trip It's Been

GLOBAL POLITICAL RISK

Pfizer, Moderna Jabs Retain High Trust; AZ, Sputnik Lower

AUDUSD TECHS

Trend Indicators Remain Bearish

EGB issuance is set to slow.......>

EUROZONE ISSUANCE
EUROZONE ISSUANCE: EGB issuance is set to slow slightly this week to E12.8bln
from E16.6bln last week, with Germany and Portugal coming to market Wednesday.
- RECAP: On Tuesday, the Netherlands sold E0.635bln of 3.75% Jan-42 DSL. Also
Tuesday, Italy sold E2.5bln of 2.30% Oct-21 BTP, E1.75bln of 2.50% Nov-25 BTP,
and E1.25bln of 2.95% Sep-38 BTP. Tuesday also saw Germany sell new 0.00% Dec-20
Schatz for E4.0bln (E3.1bln allotted). 
- ISSUANCE: Germany follows up Wednesday by re-opening 1.25% Aug-48 Buxl for
1.5bln. Also Wednesday, Portugal re-opens 4.95% Oct-23 PGB and 2.125% Oct-28 PGB
for a combined E1.0-1.25bln.
- CASH FLOWS: With minimal cash flow returning to market (E0.3bln in
redemptions, E0.4bln in coupons), cash flow this week will come in at positive
E12.1bln, vs E16.5bln last week.
** For full details, please see MNI Eurozone bond auction calendar, MNI Eurozone
Net Cash Flow Matrix: https://tinyurl.com/MNIcashflownov122018 and MNI Eurozone
Issuance Profile: https://tinyurl.com/MNIissuancenov122018