MNI: US NOV FINAL SRVCS PMI 56.1 (FLASH 57.0); OCT 55.0

MNI BRIEF: Barkin Aims For 'Somewhat Restrictive' Fed Rates

MNI BRIEF: US Pay Gains Stabilizing At Higher Rate -ADP

MNI China Daily Summary: Wednesday, Dec 4

MNI BRIEF: China Must Quicken Reforms To Boost Domestic Demand

MNI: PBOC Net Drains CNY227 Bln via OMO Wednesday

EZ/UK Bond Supply Calendar: Spain, France Auction, UK Tender

US EIA: CRUDE OIL STOCKS EX SPR -5.07M TO 423.4M NOV 29 WK

MNI: US ISM NOV SERVICES COMPOSITE INDEX 52.1

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 May 30, 2022 (2/2): Upcoming

EUROZONE ISSUANCE
  • In the "near future" the German 0% Aug-50 Green Bund (ISIN: DE0001030724) will be reopened via syndication in a E4bln WNG transaction. We expect the transaction to take place today.
  • Tomorrow, Spain will look to sell off-the-run 3/9-year Oblis and an on-the-run 7-year Obli for a combined E3.5-4.5bln and E250-750mln of a 5-year Obli-Ei. On offer will be the 4.65% Jul-25 Obli (ISIN: ES00000122E5), the 0.80% Jul-29 Obli (ISIN: ES0000012K53), the 0.10% Apr-31 Obli (ISIN: ES0000012H41) and the 0.65% Nov-27 Obli-Ei (ISIN: ES00000128S2).
  • Also tomorrow, France will offer E9.5-10.5bln of 10/15/30-year OATs: the 0% May-32 OAT, the 1.25% May-36 OAT and the 0.75% May-52 OAT.
  • Belgium has an ORI operation scheduled for Friday, with details to be announced tomorrow afternoon. We expect a E500mln operation.

NET NOMINAL FLOWS: There will be E16.1bln of redemptions this week (E15.8bln of which are an Italian CTZ) and coupon payments of E1.8bln (of which E1.7bln are Spanish). This leaves estimated net flows for the week at positive E11.8bln (more than reversing the negative E9.1bln of last week).

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

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.