Free Trial

EUROZONE ISSUANCE: Only Italy.....>

EUROZONE ISSUANCE
EUROZONE ISSUANCE: EUROZONE ISSUANCE: Only Italy and Belgium will come to market
next week with target issuance of a combined E5.3bln, up from E17.7bln last
week.
- RECAP: Belgium sold E1.987bln across the the 0.90% Jun-29 OLO and the 1.25%
Apr-23 OLO on Monday.
-ISSUANCE: Italy will look to issue CTZ/BTPEi's on Friday, with details to be
announced on Tuesday. The ECB Governing Council will meet on Thursday. Even if
no new policy innovations are announced, markets will look for indications that
the central bank is teeing up additional measures for the September meeting.
- CASH FLOWS: There are E12.9bln in redemptions and E7.6bln in coupon payments
which will leave net cash flow at negative E15.2bln for the week.
** For full details, please see MNI Eurozone bond auction calendar, and MNI Cash
Flow Matrix: https://emedia.marketnews.com/CFM220719.pdf.

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.