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Policy
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Global Macro
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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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI: BOJ Tankan: Key Sentiment Rises, Solid Capex Plans
MNI ASIA OPEN: Weak 30Y Reopen, ECB Forward Guidance Weighing
MNI ASIA MARKETS ANALYSIS: Tsys Reverse Early Data Driven Gain
EGB Supply: W/C 24 July, 2023 (1/2)
Belgium, Italy and Germany look to issue this week. We pencil in gross nominal issuance of E20.2bln, down from E29.8bln last week.
- Belgium will kick off issuance for the week today with E2.7-3.2bln on-the-run 10/30/50-year OLOs on offer: the 3.00% Jun-33 OLO (ISIN: BE0000357666), the 3.30% Jun-54 OLO (ISIN: BE0000358672) and the 0.65% Jun-71 OLO (ISIN: BE0000353624).
- Italy will come to the market tomorrow to hold a BTP Short Term / BTPei auction. It will look to launch the new 3.60% Sep-25 BTP Short Term (ISIN: TBC) for E3.25-3.75bln alongside the 10-year 0.10% May-33 BTPei (ISIN: IT0005482994) for E1.00-1.25bln.
- On Wednesday, Germany will come to the market to launch the new 7-year Nov-30 Bund (ISIN: DE000BU27006) for E4bln. The coupon will be confirmed tomorrow.
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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.