MNI BRIEF: US Treasuries Seen Increasingly Risky-JH Paper

MNI: FED’S POWELL: TIME HAS COME FOR POLICY TO ADJUST

MNI China Daily Summary: Friday, Aug 23

MNI: PBOC Net Injects CNY241.5 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1358 Fri; +2.17% Y/Y

CHINA PBOC CONDUCTS CNY379.3 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: US JUL NEW HOME SALES +10.6% TO 0.739M SAAR

EZ/UK Bond Supply Calendar: EFSF RfP Sent, EU-Bonds Due Monday

MNI: CANADIAN JUN RETAIL SALES -0.3%; SALES EX-AUTOS/PARTS +0.3%

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 30, 2022 (2/2)

EUROZONE ISSUANCE
MNI (London)
  • Yesterday Spain sold off-the-run 3/9-year Oblis and an on-the-run 7-year Obli for a combined E4.457bln (towards the top of the E3.5-4.5bln target range) and E670bln (vs E250-750mln range) of a 5-year Obli-Ei. E1.352bln of the 4.65% Jul-25 Obli (ISIN: ES00000122E5), E1.117bln
    of the the 0.80% Jul-29 Obli (ISIN: ES0000012K53) and E1.988bln of the 0.10% Apr-31 Obli (ISIN: ES0000012H41) was sold, as well as a further E670mln of the 0.65% Nov-27 Obli-Ei (ISIN: ES00000128S2).
  • Also yesterday, France sold E10.499bln top of the E9.5-10.5bln range) of 10/15/30-year OATs: E6.114bln of the 0% May-32 OAT, E2.588bln of the 1.25% May-36 OAT and E1.797bln of the 0.75% May-52 OAT.
  • Belgium will hold an ORI operation today, reopening E500mln of the 4.00% Mar-32 OLO (ISIN: BE0000326356) to conclude issuance for the week.

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 E12.4bln (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.