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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.
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MNI EUROPEAN MARKETS ANALYSIS: US Yields Tick Up, JGBs Steady
Eurozone bond issuance this.......>
EUROZONE ISSUANCE: Eurozone bond issuance this week is expected to total
E30.7bln Vs 15.6bln issued last week.
- RECAP: Issuance began for week on Monday with Slovakia tapping the 1.0%
Jun-28, and 2.0% Oct-47 SGBs for a combined E0.21bln. Tuesday saw France
syndicate the new 30yr 1.25% May-50 OAT for E7.0bln, with Cyprus syndicating a
new 15yr for E1.5bln. Wednesday saw turn of Germany, who allotted E3.2bln of the
0.00% Apr-24 Bobl.
- ISSUANCE: On Thursday Spain will offer the 0.05% Oct-21, 0.35% Jul-23 Bonos,
and 1.45% Apr-29 Obli, the combined auction size is E3.5bln-E4.5bln. Later
Thursday France will offer four M/T OATs for E8.0-9.0bln, and 3 linkers for
E1.0-1.5bln. Italy will wrap up issuance on Friday with auction details
announced Tuesday.
- CASH FLOW: Cash returning to market this week totals E18.5bln, leaving total
cash flow at positive E12.2bln Vs positive E13.4bln last week.
** For full details, please see MNI Eurozone bond auction calendar.
* Cash Flow Matrix: http://marketnews-m.objects.xtenit.com/CFM180219a.pdf
To read the full story
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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.