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Free AccessEurozone T-bill issuance...>
EUROZONE T-BILL ISSUANCE: Eurozone T-bill issuance has been completed for this
week with E7.486bln allocated by France, Belgium and Greece versus E11.49bln
issued last week.
- RECAP: To recap issuance for this week, on Monday afternoon France allotted
E2.994bln in re-opening of 3-month BTF, E1.496bln of a new 6-month BTF and
E998mln of a 12-month BTF. On Tuesday Belgium allotted E460mln in re-opening of
3-month TC and E400mln in a 6-month TC. On Wednesday Greece issued new 26-week
T-bill for E1.1375bln.
- REINVESTMENT FLOWS: T-bill redemptions this week are due from France E6.96bln,
Italy E6.6bln, Netherlands E4.45bln and Greece E1.4bln, turning net cash flow
negative to the tune of E11.9bln vs +E4.5mln last week.
- SCHEDULE: Issuance next week is estimated to increase to E17bln with supply
from the Netherlands, France, Belgium, ESM, Greece and Italy.
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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.