CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

EGB Supply for W/C Jul 12: Recap (1/2)

EUROZONE ISSUANCE

The EU, Netherlands, Italy, Germany, Portugal, Spain and France have issued bonds this week. A total of E56.6bln gross nominal issuance has taken place. This comfortably exceeds last week's E16.3bln.

  • The EU held a dual-tranche syndicated transaction on Tuesday for a total of E15.25bln WNG . The fourth NGEU bond (final before the summer break) was launched, a 20-year issue with E10bln sold. Alongside this was a E5.25bln WNG EFSM/MFA 10-year issue.
  • Auctions for the week kicked off Tuesday morning with the Netherlands selling E2.415bln of the 3.75% Jan-42 DSL against a target of E1.5-2.5bln.
  • Italy launched a new 3-year BTP as it sold E9.0bln of 3/7/15-year BTPs through first round operations and a further E2.25bln through second rounds: E4.5bln (E5.85bln inc second round) of the new 0% Aug-24 BTP, E2.75bln (E3.30bln inc second round) of the 0.50% Jul-28 BTP and E1.75bln (E2.10bln inc second round) of the 0.95% Mar-37 BTP.
  • Concluding Tuesday morning's auctions, Germany allotted E3.999bln of the 0% Jun-23 Schatz. The auction had a volume of E5bln but was again technically uncovered (the second Schatz auction in a row to be).
  • In addition, Portugal held a buyback operation on Tuesday for its 5.125% Oct-24 USD notes, buying back USD1.124bln of the USD4.5bln outstanding prior to the operation.
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.