Free Trial

Eurozone bill issuance.....>

EUROZONE T-BILL ISSUANCE
EUROZONE T-BILL ISSUANCE: Eurozone bill issuance this week will totalled
E19.7bln Vs E10.5bln last week. 
Germany, France, Spain, Slovenia, Italy, and Belgium all came to market. 
- RECAP: Monday morning saw Germany tap a 6-month Bubill for E2.5bln, with
France allotting E4.3bln in 3, 6, 9, and 12-month BTFs later Monday afternoon. 
A multitude of auctions on Tuesday was kicked off when Spain tapped the 6-month
Aug 16, and 12-month Feb 14 2020 Letras for E4.25bln. 
Later Tuesday Italy issued E6.5bln selling 12-month Feb 14 2020 BOTs. 
Later still on Tuesday Belgium issued the 3-month May 9, and 12-month Jan 16 TCs
for E2.0bln. 
Issuance was then wrapped up for Tuesday and indeed the week when Slovenia
tapped the 3-month May 16, 6-month Aug 14, and 12-month Feb 13 bills for a
combined E0.18bln. 
- CASH FLOWS: With E23.6bln in redemptions due this week, cash flow will come in
at an estimated negative E3.9bln, versus positive E1.2bln last week.

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.