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 17 June, 2024 (1/2)

EUROZONE ISSUANCE

Slovakia, Belgium, Germany, Greece, Spain, and France all look to hold auctions in the week ahead. We pencil in estimated gross issuance for the week at E28.1bln, up from E24.7bln this week.

  • Slovakia will kick off issuance for the week on Monday with a SlovGB auction. On offer are the 3.00% Feb-26 SlovGB (ISIN: SK4000024675), the 3.625% Jun-33 SlovGB (ISIN: SK4000023230), the 3.75% Mar-34 SlovGB (ISIN: SK4000024865), and the 3.75% Feb-35 SlovGB (ISIN: SK4000022539).
  • Belgium will also look hold a conventional auction on Monday to sell E2.0-2.5bln of the on-the-run 5/10-year OLOs. On offer will the 2.70% Oct-29 OLO (ISIN: BE0000362716) and the 2.85% Oct-34 OLO (ISIN: BE0000360694).
  • Germany, on Tuesday, will look to sell E4bln of the 2.10% Apr-29 Bobl (ISIN: DE000BU25026).
  • Greece, on Wednesday will look to hold a GGB auction. Details will likely be announced the preceding day.
  • Germany will return to the market on Wednesday to hold a 30-year Bund auction. On offer will be E2bln of the 2.50% Aug-54 Bund (ISIN: DE000BU2D004), up from a previously announced E1bln. This increased size is instead of opening another 30-year Bund alongside the 2.50% Aug-54 Bund. We think that this is the first time that DFA has decided to only issue one Bund (when having two pencilled in at the quarterly update). The reason the DFA gave was that this was due to feedback from market participants.
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.