MNI China Daily Summary: Monday, July 29

MNI: China CFETS Yuan Index Up 0.15% In Week of Jul 26

MNI: PBOC Net Injects CNY243.37 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1316 Mon; -1.56% Y/Y

CHINA PBOC CONDUCTS CNY301.57 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1316 MON VS 7.1270

CBI Retail Sales Fell Faster Than Expected For The Second Month

MNI: UK CBI JUL DIST TRADE REPORTED SALES -43

MNI: UK BOE JUN MORTGAGE APPROVALS 59,976

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

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

EGB supply for W/C May 10, 2021: Upcoming

EUROZONE ISSUANCE

Italy and Ireland are all still due to come to the market this week. We estimate gross net issuance for the week of E20.4bln, down on last week's E25.6bln.

  • This morning, Italy will look to sell up to E9.25bln of BTPs. Most notable will be the launch of the new 7-year BTP, the 0.50% Jul-28 for E4.0-4.5bln. Also on offer will be the 3-year 0% Apr-24 BTP for E2.5-3.0bln and the 30-year 1.70% Sep-51 BTP for E1.25-1.75bln.
  • Also this morning, Ireland will look to sell E1.0-1.5bln of the 0% Oct-31 IGB, 1.30% May-33 IGB and 1.50% May-50 IGB.

NET NOMINAL FLOWS: There are no redemptions due this week and coupon payments are only expected to be E0.1bln. With gross nominal issuance of E20.4bln, we estimate net nominal flows of E20.3bln this week. This is up on the E2.4bln last week while the previous week saw a negative flow of E44.8bln.

For a calendar of all announced EGB/EU/ESM/EFSF auctions see the MNI EZ/UK Bond Supply Calendar here.

BulletMarketsFixed Income Bullets
BulletMarketsFixed 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.