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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.
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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI US Macro Weekly: Politics To The Fore
MNI Credit Weekly: Le Vendredi Noir
Eurozone sovereign bond...........>
EUROZONE ISSUANCE: Eurozone sovereign bond issuance is estimated to fall to
E19.25bln this week compared to E24.26bln last week.
- RECAP: Germany kicked off issuance on Tuesday with tap of its 2-yr benchmark
BKO 0.00% Dec-19 for up to E5bln, a very poorly bid auction. Spain sold E10bln
of a new 10Y benchmark via syndication, with a E45bln order book.
- ISSUANCE: On Friday Italy re-opens a 2-yr Oct-19 CTZ for E1.5-2.5bln and BTP
linkers 0.1% May-22 and 1.25% Sep-32 for E1.25-1.75bln in total.
- CASH FLOWS: In terms of reinvestment flows, there are no redemption and coupon
payments of only E210mln this week, leaving net cash flow positive to the tune
of E19bln.
** For full details, please see MNI Eurozone bond auction calendar, MNI Eurozone
Net Cash Flow Matrix: http://tinyurl.com/gkrtmav and MNI Eurozone Issuance
Profile: https://tinyurl.com/ybnzlygd
To read the full story
Sign up now for free trial access to this content.
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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.