MNI: PBOC Conducts CNY2 Bln Via OMO Fri; Liquidity Unchanged

CHINA PBOC CONDUCTS CNY2 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1315 Fri; -1.12% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1315 FRI VS 7.1339

MNI BRIEF: Fed's Musalem: Interest Rates Likely To Be 3.5%-4% Over Long Run

FED’S DALY: POLICY ADJUSTMENTS LIKELY WARRANTED AT SOME POINT

Asia Sovs Track US Yields Lower, BI Rate Decision Next Week

CHINA JUN EXPORTS +8.6% Y/Y VS MEDIAN +8.0% Y/Y: CUSTOMS

MNI: CHINA H1 EXPORTS +6.9% Y/Y IN YUAN TERM: CUSTOMS

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

EGB Supply For W/C Feb 21, 2022 - Recap

EUROZONE ISSUANCE
MNI (London)

Slovakia, Italy and Germany and Italy have all sold bonds. Gross nominal issuance was E13.0bln, down from E38.8bln last week.

  • Slovakia kicked off issuance for the week on Monday, selling E63mln of the 0.25% May-25, E38mln of the 1.00% Oct-30 SlovGB, E99mln of the 0.375% Apr-36 and E75mln of the 2.00% Oct-47 SlovGB, raising a total E274mln of SlovGBs (versus a combined E377mln on offer).
  • Italy came to the market on Wednesday, selling E3.0bln (top of the target range) of the short-term 0% Nov-23 BTP. Wednesday's planned BTPei auction was cancelled due to the recent syndication.
  • Germany also came to the market on Wednesday and allotted E1.283bln of the 0% May-36 Bund, with issuance volumes of E1.5bln.
  • Italy returned to the market this morning, issuing a total E8.25bln nominal; E4.0bln of the new 5-year 1.10% Apr-27 BTP and E3.0bln of the 10-year 0.95% Jun-32 BTP and E1.25bln of the 5-year 0.50% Apr-26 CCTeu.

NET NOMINAL FLOWS: There is one notable redemption for this week: E16.7bln of the French 0% Feb-22 OAT which was originally launched with a 3-year maturity. Coupon payments total E0.6bln. With gross issuance of E13.0bln, this week saw negative net flows of E4.3bln (down from last week’s positive net flows of E32.5bln).

Homepagemarkets-real-timeBulletMarketsFixed Income Bullets
Homepagemarkets-real-timeBulletMarketsFixed Income Bullets

To read the full story

Close

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.