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 - W/C 10 June, 2024

EUROZONE ISSUANCE

The EU has a scheduled syndication while the Netherlands, Finland, Germany and Italy all look to hold auctions this week. We pencil in estimated gross issuance for the week at E23.5bln, down from E31.3bln last week.

  • The EU will hold a syndication on Tuesday to launch a new 15-year EU-bond maturing 4 October 2039. As we have noted since the previous EU-bond syndication, a 15-year transaction is in line with our expectations. We pencil in a transaction size of E5-8bln.
  • The Netherlands also on Tuesday will look to hold an auction selling E1.5-2.0bln of the 10-year on-the-run 2.50% Jul-34 DSL (ISIN: NL0015001XZ6).
  • Finland will look to come to the market on Tuesday to sell a combined up to E1.5bln of the on-the-run 10/30-year RFGBs: the 3.00% Sep-34 RFGB (ISIN: FI4000571104) and the 2.95% Apr-55 RFGB (ISIN: FI4000566294).
  • Germany, on Wednesday, will look to sell E4bln of the 2.20% Feb-34 Bund (ISIN: DE000BU2Z023).
  • Italy will conclude the week on Thursday by holding a 3/7/15/25-year BTP auction. On offer will be E3.5-4.0bln of the new 3-year 3.45% Jul-27 BTP (ISIN: IT0005599904), E2.0-2.5bln of the 3.45% Jul-31 BTP (ISIN: IT0005595803), E1.0-1.25bln of the 4.15% Oct-39 BTP (ISIN: IT0005582421) and E1.0-1.25bln of the 3.85% Sep-49 BTP (ISIN: IT0005363111).
For more on this week's issuance and a look ahead to next week's issuance see the full PDF here:

EZ240611.pdf

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.