MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI INTERVIEW2: Poland To Push For EU Defence Fund

MNI: UK DEC GFK CONSUMER CONFIDENCE INDEX -17

EZ/UK Bond Supply Calendar: Belgium ORI Facility on Friday

US EIA:NAT GAS STORAGE -190 BCF TO 3,747 BCF DEC 06 WK

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 25 Sep, 2023 (2/2)

EUROZONE ISSUANCE
  • Germany will return to the market on Wednesday with E4bln of the 10-year 2.60% Aug-33 Bund (ISIN: DE000BU2Z015) on offer.
  • On Thursday, Italy will look to hold a 5/10-year BTP / CCTeu auction. We look for a new 5-year BTP to be launched and pencil in a E4.0bln auction size with a potential maturity date of Dec-28. We also look for a reopening of the on-the-run 10-year 4.20% Mar-34 BTP (ISIN: IT0005560948) alongside another similar maturity off-the-run BTP. We have less conviction on which CCTeu will be on offer this month. Details will be announced on Monday.
  • We also pencil in a Spain syndication in the week ahead – for more details see the PDF.
  • There are also a number of other countries who could potentially hold syndications in the week: Austria and Greece are the primary candidates in our view.

NET NOMINAL FLOWS: The week ahead sees redemptions of USD3.5bln from an Italian formerly 30-year USD bond with coupons of E1.4bln. This leaves net flows for the week at an estimated positive E30.5bln.

For more on this week and next week's supply as well as a recap of last week's issuance see the PDF 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.