MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: ECB Should Be Close To 2% In Next Quarters -Centeno

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

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 13 May (1/2)

EUROZONE ISSUANCE

The Netherlands, Germany, Spain and France are all due to hold auctions in the upcoming week while the EU is scheduled to hold a syndication. Also on the syndication side, we see Austria and the ESM (or possibly EFSF) as the most likely candidates to hold transactions in our view. We pencil in estimated gross issuance for the week at E42.7bln, up from E19.5bln this week.

  • The EU has a syndication scheduled for the week ahead with an RfP having been sent out already. The most likely new bonds would be conventional 15/30-year EU-bonds but the EU could also choose to just tap existing issues.
  • The Netherlands will kick off auctions for the week on Tuesday with E1.5-2.0bln of the off-the-run short 5-year 0% Jan-29 DSL (ISIN: NL0015000LS8) on offer.
  • Also on Tuesday, Germany will come to the market to look to sell E5bln of the 2.90% Jun-26 Schatz (ISIN: DE000BU22056).
  • Germany will return to the market on Wednesday with a 30-year Bund auction. E1bln of the 1.80% Aug-53 Bund (ISIN: DE0001102614) will be on offer alongside E1bln of the 2.50% Aug-54 Bund (ISIN: DE000BU2D004).
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.